Industrial Building for Food
For Sale
$3,999,999
8-07 38th Avenue, Long Island City, NY 11101
Industrial building with commercial kitchen, freezers, and office space.
Property Size6,250 SF
Price / SF$10,989
Days on Market184
Property Features for 8-07 38th Avenue
General Information
Standard status
Active
Size
6,250 SF
Property subtype
Industrial
Taxes and HOA fees
Annual Taxes
$34,934
Building Details
Building Size
6,250 SF
Year Built
1941
Listing Agency:
Charles Rutenberg Realty Inc
Listed By:
Brian C. Donegan
(516) 575-7500
Source:
Serhant
Added: Apr 8
Changed: Oct 3
Last Checked: Oct 7 at 3:37PM
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 Charles Rutenberg Realty Inc
Investment Insights
Based on property information with market context.
This industrial building is currently utilized for food processing, making it suitable for an owner-user. It features walk-in freezers, 16-foot ceilings, and two overhead loading doors. A full commercial kitchen is included. The property also offers second-floor offices with a roof deck and a 364 square foot steel storage mezzanine. Zoned M1-3 with a 5.0 FAR, the property allows for 25,025 square feet buildable for industrial, office, or hospitality purposes. The location is considered very bikeable and walkable, with bike and walk scores of 82. Public transportation is readily accessible, indicated by a transit score of 100.
Key Highlights
- Rider's Paradise: Perfect Transit Score of 100.
- Ideal for Owner/User: Currently set up for food processing with walk‑in freezers and a full commercial kitchen.
- High Development Potential: Zoned M1‑3 with a 5.0 FAR, allowing for 25,025 buildable square feet (industrial, office, hospitality).
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
8,028
Businesses Nearby
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
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial building with commercial kitchen, freezers, and office space.
Where is this manufacturing property located?
The property is located at 8-07 38th Avenue Long Island City, NY.
What is the asking price?
The asking price for this property is $3,999,999.
What are key features of this property?
This property features: Rider's Paradise: Perfect Transit Score of 100.; Ideal for Owner/User: Currently set up for food processing with walk‑in freezers and a full commercial kitchen.; High Development Potential: Zoned M1‑3 with a 5.0 FAR, allowing for 25,025 buildable square feet (industrial, office, hospitality).
