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    21-44 44Th Rd Queens, NY 11101

    Sponsored
    For Sale
    Contact for pricing

    30,000 SF Flex Space, Sale-Leaseback

    Property size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 30,000-square-foot industrial flex space, situated on an 11,500-square-foot lot in Queens, NY, presents a unique investment opportunity. The three-story building boasts a 15-foot ceiling height, providing ample vertical space for diverse operational needs. Convenient loading is facilitated by two drive-in doors and a freight elevator, ensuring efficient material handling. The property's prime location offers unparalleled accessibility, being directly across the street from Queens' newest tallest building. Furthermore, its proximity to the 7, N, W, E, M, and G subway lines provides employees and clients with easy public transportation access. Major roadways, including the Long Island Expressway, Brooklyn Queens Expressway, Grand Central Parkway, and the Queensboro Bridge, offer seamless connectivity to all five boroughs of New York City and beyond. The property is zoned M1-4, allowing for a variety of industrial and commercial uses. This sale-leaseback arrangement offers a compelling blend of immediate income generation and long-term investment potential. The address is 21-44 44th Rd, Queens, NY 11101. This property is ready for immediate occupancy and presents a rare opportunity to acquire a well-located, versatile industrial space in a rapidly developing area of Queens.

    Property Features for 21-44 44Th Rd

    General Information

    Property type
    Flex space
    Square Feet
    30,000 SF

    HighLights

    • 30,000 SF flex industrial building in Queens, NY.
    • M1‑4 zoning.
    • 11,500 SF lot size.
    • 15' ceiling height.
    • Sale for leaseback opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gander & White Shipping ... Freight Forwarding Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.944884283462
    Latitude
    40.748436586898

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    FAQs

    What type of property is this?
    Flex space - 30,000 SF Flex Space, Sale-Leaseback
    Where is this flex space located?
    The property is located at 21-44 44Th Rd Queens, NY.
    What are key features of this property?
    This property features: 30,000 SF flex industrial building in Queens, NY.; M1-4 zoning.; 11,500 SF lot size.
    Request Owner's contact information
    21-44 44Th Rd 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
    21-44 44Th Rd Queens, NY 11101
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