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Property profile & analytics

36-20 34Th St Long Island City, NY 11106

  • Refrigerated & Cold Storages
  • 35,100 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Refrigerated & Cold Storages

Property Details for 36-20 34Th St

Year built
1927
Property size
35,100 SF
Property type
Refrigerated & Cold Storages
Property subtype
Warehouses

Description

This exceptional Long Island City industrial property offers 30,400 square feet of versatile space in a two-story, 35,100-square-foot building on a 15,200-square-foot lot. Built in 1927 and extensively renovated in 2008, the property boasts 14 dock-high doors, a 12-foot ceiling height, and a freight elevator with a 30,000 lb capacity. The space includes approximately 7,000 square feet of refrigerated cold storage, 3,500 square feet of garage space, multiple offices and conference rooms, eight bathrooms, a kitchen, showrooms, and open workspace. The building features a new rubber membrane roof, updated plumbing, electrical, and HVAC systems (entire building under HVAC), new wood floors, doors, lighting, a sprinkler system, and an alarm system. Located at 36-20 34th Street, Long Island City, NY 11106, this owner-occupied building is zoned M1-1 and is being delivered vacant, although a leaseback is possible. The property is situated on a 0.35-acre lot with approximately 150 feet of frontage, offering excellent visibility. Its convenient location is within two blocks of the N, W, M, and R subway lines and a short distance from Northern Boulevard. This turnkey building presents a unique opportunity for a variety of uses. The building combines three addresses (36-08 through 36-20) and features three curb cuts with the potential for three loading docks. The property's potential is further enhanced by the City of Yes's economic opportunity zoning proposal, which could significantly increase the maximum floor area ratio for manufacturing districts.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Long Island City
County
Queens
State
New York
Longitude
-73.9276
Latitude
40.7552
More about this property
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