Flex Space with Drive-In
New
For Sale
Contact for pricing
15-30 130th St, College Point, NY 11356
Ground-floor warehouse, office, and showroom areas are complemented by a mezzanine office and an exterior yard.
Property Size37,454 SF
Price / SF$427.19
Days on Market6
Property Features for 15-30 130th St
General Information
Standard status
Active
Size
37,454 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
27 ft
Office Build-Out
5,231 SF
Mezzanine
5,231 SF
Drive-In Doors
4
Additional Details
Outdoor Storage
Yes
Amenities
4 drive-in doors
Building Details
Stories
1
Listing Agency:
Greiner-Maltz Real Estate - Corporate
(718) 786-5050
Listed By:
Kostas Alayfoyiannis
Source:
Moodyscre
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 2:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Greiner-Maltz Real Estate - Corporate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex property in College Point combines 32,223 SF of ground-floor warehouse, office, and showroom space with a 5,231 SF mezzanine office. The building has 27 ft ceilings and four drive-in doors, with a 5,649 SF yard also included.
The address is 15-30 130th St, College Point, NY 11356.
The address is 15-30 130th St, College Point, NY 11356.
Key Highlights
- 32,223 SF of ground‑floor warehouse, office, and showroom space
- 5,231 SF mezzanine office
- 5,649 SF yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$668,554
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,371,080
$13.4M
Cap Rate 7%
$9,550,771
$9.6M
Cap Rate 9%
$7,428,378
$7.4M
Market Conditions
NOI Build-Up for 37,454 SF
Gross rent
$1.12M $30.00/SF
− Vacancy
−$168.5K −$4.50/SF
EGI
$955.1K $25.50/SF
− OpEx
−$286.5K −$7.65/SF
NOI
$668.6K $17.85/SF
Area
Queens County, NY
Vacancy
15.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,371,080
Cap Rate 7%
$9,550,771
Cap Rate 9%
$7,428,378
Alternative Uses
Best Use
Retail
$9.55M
$8.36M – $11.14M
NOI $668,554 @ 7.0% cap · market cap 4.18%
Second Best
Flex RnD
$8.49M
$7.43M – $9.91M
NOI $594,507 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$27.61M
$24.16M – $32.21M
NOI $1,932,806 @ 7.0% cap · market cap 12.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
27 ft
Clear height
4
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,569
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11356, NY
28,310
Population
9,003
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
78%
High-School Grad
1.6 sq mi
ZIP Area
17,694
Density / Sq Mi
$91,445
Median Household Income
$40,928
Median Earnings
$2,160
Median Rent
$893,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Larimer Catering — 121st St, Queens, NY 11356
- Smiles by the Mile Ice Cream Truck — 144-58 South Dr, Queens, NY 11357
Frequently Asked Questions
What type of property is this?
Flex space - Ground-floor warehouse, office, and showroom areas are complemented by a mezzanine office and an exterior yard.
Where is this flex space located?
The property is located at 15-30 130th St College Point, NY.
What is the asking price?
The asking price for this property is $16,000,000.
What are key features of this property?
This property features: 32,223 SF of ground‑floor warehouse, office, and showroom space; 5,231 SF mezzanine office; 5,649 SF yard
