Multi-Tenant Warehouse
New
For Sale
$18,800,000
23-01 Borden Avenue, Long Island City, NY 11101
Commercial Sale, Long Island City, NY
Property Size27,405 SF
Lot Size0.72 Acres
Price / SF$686.01
Days on Market2
Property Features for 23-01 Borden Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Elementary school district
Queens 24
Middle school district
Queens24
High school district
Queens24
Standard status
Active
APN
00105-0001
Lot size
0.72 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
150734
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Water source
Public
Building Details
Building materials
Brick
Listing Agency:
E Realty International Corp
(718) 886-8110
Listed By:
Hsin Yuan Yang · License #10311205376
(646) 688-8998
Added: Aug 28
Last Checked: Aug 29 at 2:06AM
MLS# 1044470
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property includes a 27,405-square-foot brick warehouse and industrial building on an approximately 31,500-square-foot lot. The site measures approximately 175 feet by 180 feet and is zoned M3-2. Multiple tenants currently occupy the building, providing existing rental income.
Located at 23-01 Borden Avenue in Long Island City, the property offers access to major transportation routes and sits within the area's established commercial and industrial infrastructure. Public water and public sewer serve the property, while baseboard heating is installed in the building. The reported cap rate is approximately 3.27%.
Located at 23-01 Borden Avenue in Long Island City, the property offers access to major transportation routes and sits within the area's established commercial and industrial infrastructure. Public water and public sewer serve the property, while baseboard heating is installed in the building. The reported cap rate is approximately 3.27%.
Key Highlights
- 27,405‑square‑foot warehouse and industrial building
- Approximately 31,500‑square‑foot lot measuring 175 feet by 180 feet
- M3‑2 zoning
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,363
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11101, NY
48,867
Population
27,093
Households
1.8
Avg Household Size
33
Median Age
65%
College-Educated
90%
High-School Grad
2.6 sq mi
ZIP Area
18,795
Density / Sq Mi
$116,807
Median Household Income
$83,892
Median Earnings
$2,740
Median Rent
$995,500
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Occupied brick industrial property with M3-2 zoning and public water and sewer service.
Where is this warehouse located?
The property is located at 23-01 Borden Avenue Long Island City, NY.
What is the asking price?
The asking price for this property is $18,800,000.
What are key features of this property?
This property features: 27,405‑square‑foot warehouse and industrial building; Approximately 31,500‑square‑foot lot measuring 175 feet by 180 feet; M3‑2 zoning
