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Flex Space with Warehouse and Office
For Sale
Contact for pricing
Pending

40-11 23rd St, Queens, NY 11101

Vacant two-level building combines warehouse and office areas in a commercial configuration.

Property Size4,250 SF
Days on Market142

Property Features for 40-11 23rd St

General Information

Standard status Pending
Size 4,250 SF
Property subtype Industrial

Warehouse & Industrial

Warehouse Space 2,125 SF
Office Build-Out 2,125 SF

Additional Details

Opportunity Zone Yes

Building Details

Buildings 1
Stories 2
Building Size 4,250 SF
Listing Agency: Cushman & Wakefield New York
Listed By: Dylan Walsh · License #10401384207
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 12:02AM

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 Cushman & Wakefield New York

Investment Insights

Based on property information with market context.

Located at 40-11 23rd Street, this vacant 4,250-square-foot flex property is configured with 2,125 square feet of ground-floor warehouse space and an equal 2,125 square feet of second-floor office space. The building offers a blank-slate interior for commercial repositioning and is situated within the Dutch Kills Opportunity Zone section of Long Island City.

The property is positioned on 23rd Street between 40th and 41st Avenues. Transit access includes a 3-minute walk to the 21st Street “F” train, a 5-minute walk to Queensboro Plaza, serving the “7” and “NW” trains, and a 10-minute walk to Queens Plaza, serving the “E, M, and R” trains. Midtown Manhattan is approximately a 10–15-minute drive away.

Key Highlights

  • 4,250 square feet with equal 2,125‑square‑foot warehouse and office areas
  • Ground‑floor warehouse space with second‑floor office buildout
  • Vacant blank‑slate commercial building

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Furniture & Home Goods Parking Lot & Garage Real Estate Agency Acupuncture Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,987
Businesses Nearby
Under-served
Demand for This Use

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Vacant two-level building combines warehouse and office areas in a commercial configuration.
Where is this flex space located?
The property is located at 40-11 23rd St Queens, NY.
What are key features of this property?
This property features: 4,250 square feet with equal 2,125‑square‑foot warehouse and office areas; Ground‑floor warehouse space with second‑floor office buildout; Vacant blank‑slate commercial building
(718) 307-6517 Call to check price and availability
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