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    3862 13Th St Queens, NY 11101

    Sponsored
    For Sale
    $2,150,000

    2,550 SF Warehouse, Vacant, M1-3 Zoning

    Property size:
    2,550 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,550-square-foot industrial property, located at 38-62 13th Street in Long Island City, Queens, presents a unique owner-user opportunity. The vacant building features a 14-foot ceiling height and one dock-high door. Classified as a Class B property, it sits on a 2,550-square-foot lot and boasts significant potential with 12,750 square feet of available air rights. The M1-3 zoning allows for a Floor Area Ratio (FAR) of 5, unlocking substantial future development possibilities. Conveniently situated just two blocks from the Queensboro Bridge and within easy reach of the F, 7, N, and W subway lines, this location offers unparalleled access to major transportation arteries. The asking price is $2,150,000, translating to $843.14 per square foot. This is a single-story building, representing a single unit. The property is currently vacant and ready for immediate occupancy. This is an ideal investment for businesses seeking a strategic location with significant expansion potential in a thriving area.

    Property Features for 3862 13Th St

    General Information

    Property type
    Distribution properties
    Square Feet
    2,550 SF
    Class
    B

    Building Details

    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • M1‑3 zoning, 5 FAR.
    • 12,750 square feet buildable.
    • Excellent subway access (F, 7, N, W lines).
    • Two blocks from the Queensboro Bridge.
    • Delivered vacant.
    Property Profile Location Intelligence

    Current Use by Public Records

    VLK Construction Welder High Tech Electric ... Electrician

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.941285901263
    Latitude
    40.756463735685

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    FAQs

    What type of property is this?
    Distribution property - 2,550 SF Warehouse, Vacant, M1-3 Zoning
    Where is this distribution property located?
    The property is located at 3862 13Th St Queens, NY.
    What is the asking price?
    The asking price for this property is $2,150,000.
    What are key features of this property?
    This property features: M1-3 zoning, 5 FAR.; 12,750 square feet buildable.; Excellent subway access (F, 7, N, W lines).
    Request Owner's contact information
    3862 13Th St Queens, NY 11101
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    Queens, NY 11101
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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
    3862 13Th St Queens, NY 11101
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