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Block-Through Warehouse
For Sale
Contact for pricing
Pending

42-23 12th Street, Long Island City, NY 11101

Industrial warehouse offering combines substantial open space with a mezzanine office component and partial vacancy for occupancy planning.

Property Size20,000 SF
Days on Market144

Property Features for 42-23 12th Street

General Information

Standard status Pending
Size 20,000 SF
Property subtype Office, Industrial

Warehouse & Industrial

Warehouse Space 17,000 SF
Office Build-Out 3,000 SF
Mezzanine 3,000 SF

Additional Details

Gross Income $89,115

Building Details

Building Size 20,000 SF
Listing Agency: Greiner-Maltz Company of New York, Inc.
Listed By: Eitan Agbashoff · License #NY
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:30PM

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 Company of New York, Inc.

Investment Insights

Based on property information with market context.

This block-through warehouse property in Long Island City, Queens, includes 17,000 SF of warehouse area and a 3,000 SF mezzanine office. Approximately 15,225 SF is expected to be delivered vacant, while 4,775 SF is leased with a stated expiration of 10/22. The configuration supports consideration by both an owner-user and an investor.

The property is located at 42-23 12th Street and is described as being near major transit. Nearby properties and destinations include Silvercup Studios, Z NYC Hotel, and Rolex.

Key Highlights

  • 17,000 SF warehouse area with 3,000 SF mezzanine office
  • Approximately 15,225 SF delivered vacant
  • 4,775 SF leased; lease expiration 10/22

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Clothing & Fashion Store Nursing Home Computer & Electronic Repair Catering Service

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

3,016
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 Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Industrial warehouse offering combines substantial open space with a mezzanine office component and partial vacancy for occupancy planning.
Where is this warehouse located?
The property is located at 42-23 12th Street Long Island City, NY.
What are key features of this property?
This property features: 17,000 SF warehouse area with 3,000 SF mezzanine office; Approximately 15,225 SF delivered vacant; 4,775 SF leased; lease expiration 10/22
More about this property
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