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    70-10 74 St Queens, NY 11379

    Sponsored
    For Sale
    $19,500,000

    60,000 SF Warehouse, Manufacturing Space

    Property size:
    60,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, located at 70-10 74th Street in Middle Village, Queens, NY 11379, offers 60,000 square feet of versatile space. The building features 25,000 square feet of ground floor warehouse space and 24,000 square feet of second-floor warehouse/manufacturing space, complemented by 11,000 square feet of secure interior parking. Efficient loading is ensured with four interior loading dock positions and two drive-in doors, along with a freight/passenger elevator. The building boasts a ceiling height of approximately 15 feet and is situated on a lot zoned M1-1. This well-maintained property provides a rare opportunity to acquire a substantial industrial building with ample parking in a convenient location. The asking price is $19,500,000, translating to $325 per square foot. The property is conveniently located within a half-mile radius of the Q29 and Q67 bus lines, offering easy access to public transportation. This two-story building presents a unique investment opportunity for businesses seeking a well-equipped and strategically located industrial space in Queens, New York. The property is ready for immediate occupancy.

    Property Features for 70-10 74 St

    General Information

    Property type
    Manufacturing properties
    Square Feet
    60,000 SF

    Building Details

    Stories
    2

    HighLights

    • $19,500,000 asking price for a 60,000 square foot industrial building.
    • 60,000 square feet, with a price per square foot of $325.
    • Two‑story building with M1‑1 zoning.
    • 11,000 square feet of interior parking (approximately 1 space per 1,000 sq ft).
    • Four loading docks, plus two drive‑in doors and a freight/passenger elevator.
    • ±15' ceiling height.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.876807
    Latitude
    40.707029

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    FAQs

    What type of property is this?
    Manufacturing property - 60,000 SF Warehouse, Manufacturing Space
    Where is this manufacturing property located?
    The property is located at 70-10 74 St Queens, NY.
    What is the asking price?
    The asking price for this property is $19,500,000.
    What are key features of this property?
    This property features: $19,500,000 asking price for a 60,000 square foot industrial building.; 60,000 square feet, with a price per square foot of $325.; Two-story building with M1-1 zoning.
    Request Owner's contact information
    70-10 74 St Queens, NY 11379
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    Queens, NY 11379
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    70-10 74 St Queens, NY 11379
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