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    122-115 15 Ave Queens, NY 11356

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    For Sale
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    Spacious industrial warehouse, ideal for various uses.

    Property size:
    57,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial property, located at 122-115 15th Avenue in Queens, NY 11356, offers a substantial 57,200 square feet of warehouse space situated on a 48,450 square foot lot (APN: 4067-15). The building, zoned M1-1, features a double ground floor design with direct loading access to each floor, providing efficient operations. The building dimensions are 167 feet by 199 feet, while the lot measures 272 feet by 200 feet. Key features include ample natural light, 2,400 amps of power (1,200 amps per floor), a wet sprinkler system, and gas heat. Parking is available on a 5,200 square foot area. The property boasts a 16-foot ceiling height and offers two straight access points. The warehouse is divisible, with Section A (14th Road frontage) comprising 25,800 square feet with two exterior loading docks, a 36' x 23.5' column span, and Section B (15th Avenue frontage) encompassing 31,400 square feet, including one 50-foot deep interior loading dock and a 32' x 23.5' column span. The property can be delivered vacant or potentially sold with a lease-back option for the 31,400 square foot Section B. This presents a unique opportunity for owner-occupiers or investors seeking a prime industrial location in Queens.

    Property Features for 122-115 15 Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    57,200 SF

    HighLights

    • 57,200 SF total building area.
    • 167' x 199' building dimensions.
    • 48,450 SF lot size.
    • 272' x 200' lot dimensions.
    • Two‑story building with ground floor loading.
    • Direct loading access to each floor via two access points.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    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
    -73.8453579
    Latitude
    40.7841768

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    FAQs

    What type of property is this?
    Distribution property - Spacious industrial warehouse, ideal for various uses.
    Where is this distribution property located?
    The property is located at 122-115 15 Ave Queens, NY.
    What are key features of this property?
    This property features: 57,200 SF total building area.; 167' x 199' building dimensions.; 48,450 SF lot size.
    Request Owner's contact information
    122-115 15 Ave Queens, NY 11356
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    Queens, NY 11356
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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
    122-115 15 Ave Queens, NY 11356
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