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    13Th St Queens, NY 11106

    Sponsored
    For Sale
    $3,700,000

    10,200 SF lot, M1-1 zoning, warehouse & office plans approved.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 10,200 square foot commercial land parcel, located at 13th St in Queens, NY (zip code 11106, APN 00350-0005), presents a unique development opportunity. The property is zoned M1-1 and comprises two adjacent lots (lot 350, block lots 2 and 5). Detailed surveys and approved plans are available, outlining a permitted development of a 10,200 square foot warehouse with a 20-foot high ceiling and an additional 8,700 square foot second-floor office space. The Department of Buildings (DOB) has already approved these construction drawings. This prime location in Queens County offers significant potential for investors seeking to capitalize on the strong demand for warehouse and office space in the area. The asking price for this exceptional development opportunity is $3,700,000. Don't miss this chance to acquire a ready-to-build commercial property with approved plans and significant upside potential.

    Property Features for 0 13Th St

    General Information

    Property type
    Land

    HighLights

    • Two adjacent lots (Block 350, Lots 2 & 5) totaling 350 square feet at 36‑33 13th St, Queens, are available for development.
    • Approved plans exist for a mixed‑use building incorporating warehouse and office space.
    • Survey and approved plans are available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.938920129666
    Latitude
    40.759609644925

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    FAQs

    What type of property is this?
    Land - 10,200 SF lot, M1-1 zoning, warehouse & office plans approved.
    Where is this land located?
    The property is located at 13Th St Queens, NY.
    What is the asking price?
    The asking price for this property is $3,700,000.
    What are key features of this property?
    This property features: Two adjacent lots (Block 350, Lots 2 & 5) totaling 350 square feet at 36-33 13th St, Queens, are available for development.; Approved plans exist for a mixed-use building incorporating warehouse and office space.; Survey and approved plans are available.
    (347) 665-8019
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    13Th St Queens, NY 11106
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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
    13Th St Queens, NY 11106
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