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    4310 21St St Long Island City, NY 11101

    For Sale
    Contact for pricing

    Two-story warehouse with rezoning potential in Long Island City.

    Property size:
    40,400 SF
    Lot size:
    0.52 Acres

    Property Features for 4310 21St St

    General Information

    Size
    40,400 SF
    Lot size
    0.52 Acres

    Source: Pinnacle Realty Agent James Tack

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Long Island City Warehouse Building

    This two-story building, constructed in 1931, offers 40,400 square feet of space on a 22,800 square foot lot. The building dimensions are 95 x 240 feet, and it features 13.5-foot ceilings supported by strong mushroom columns. Located on a corner lot in Long Island City, the property is zoned M1-4 and is within the current study area for rezoning, potentially allowing for a high Floor Area Ratio (FAR) or possible residential zoning. The building is configured with four tenant spaces of 10,000 square feet each. It includes a freight elevator, a disable person lift, and a roof sign for branding opportunities. Roll-up gates on 21st Street and 43rd Avenue provide easy loading access. A small parking lot accommodates 5 cars. The property is situated near the 59th Street Bridge, offering convenient access to Manhattan, Queens, and the Brooklyn Queens Expressway. It is also close to booming residential towers. Tenant leases cycle out between 2026 and 2027, presenting a potential opportunity for retail conversion on the ground floor.
    Insight Report Location Intelligence

    Current Use by Public Records

    Argo Envelope Envelope Supplier

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Public Storage, Access Self Storage, Bin It, Life Storage - Long Island City, CRS Corporate Relocation Systems Inc.

    Location Insight

    • Map
    • Local Demand
    City
    Long Island City
    County
    Queens
    State
    New York
    Longitude
    -73.946594
    Latitude
    40.750015

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    FAQs

    What type of property is this?
    Warehouse - Two-story warehouse with rezoning potential in Long Island City.
    Where is this warehouse located?
    The property is located at 4310 21St St Long Island City, NY.
    What are key features of this property?
    This property features: - Large 40,400 square foot building on a 22,800 square foot corner lot; - M1-4 zoning in an area under study for rezoning to high FAR or residential; - Potential for retail conversion on the ground floor
    (718) 784-8282
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    4310 21St St Long Island City, NY 11101
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    Long Island City, NY 11101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4310 21St St Long Island City, NY 11101
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