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    38-21 12Th St Queens, NY 11102

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    For Lease
    Contact for pricing

    391,500 SF development in Long Island City.

    Property size:
    391,500 SF
    Lot size:
    1.65 Acres

    Property Features for 38-21 12Th St

    General Information

    Size
    391,500 SF
    Lot size
    1.65 Acres

    Source: Prologis | East Rutherford Agent Andrew Forsyth

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

    Overview

    Prologis Queensboro Crossing Development

    The future ±391,500 SF development at Prologis Queensboro Crossing is strategically located in the heart of Long Island City. This location offers access to Manhattan, Brooklyn, Queens, the Bronx, I-278, and I-495, with the toll-free Queensboro Bridge less than a mile away and the RFK Bridge and Queens Midtown Tunnel under two miles away. Commuters will benefit from walking distance to F, M, N, and W subway lines and Q69 and Q103 bus stops. Positioned near the world’s largest labor pool, this development gives businesses a significant advantage in scaling operations and achieving maximum efficiency.
    Location Intelligence

    Current Use by Public Records

    Distribution properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.929449
    Latitude
    40.775118

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    FAQs

    What type of property is this?
    Distribution property - 391,500 SF development in Long Island City.
    Where is this distribution property located?
    The property is located at 38-21 12Th St Queens, NY.
    What are key features of this property?
    This property features: - Prime location in Long Island City with seamless access to Manhattan, Brooklyn, Queens, and the Bronx.; - Strategically positioned for logistics and distribution.; - Immediate access to major transportation arteries: I-278 and I-495.
    (201) 424-6289
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    38-21 12Th St Queens, NY 11102
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    Queens, NY 11102
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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
    38-21 12Th St Queens, NY 11102
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