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Property profile & analytics
OFF-MARKET
Warehouses

24-30 Brooklyn Queens Expy Queens, NY 11377

30,000 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 30,000-square-foot industrial property located at 24-30 Brooklyn Queens Expressway West in Astoria, Queens, New York, 11377. The property, classified as Class B, features a two-story building on a 22,000-square-foot lot, zoned M1-1. Ideal for owner-users, this flex space offers a versatile layout suitable for manufacturing, warehousing, or a combination thereof. The building boasts 14-foot ceilings, two loading docks, and one dock-high door, facilitating efficient operations. Ample parking is available on-site, with 7,000 square feet dedicated to parking. The property enjoys excellent accessibility, with convenient access to major roadways including the BQE, Van Wyck Expressway, RFK Bridge, Queensboro Bridge, and LaGuardia International Airport. Its strategic location in Astoria provides proximity to Manhattan and other key areas within New York City. The property is available for sale at $15,000,000 and can be delivered vacant or with income-producing office suites, presenting a compelling opportunity for additional revenue streams. The occupancy date is December 31, 2023. This three-street corner property offers a unique blend of functionality and location, making it an attractive investment for discerning buyers. The property's features, including direct loading capabilities and ample parking, make it well-suited for a variety of industrial and commercial uses. This is a rare opportunity to acquire a substantial industrial property in a highly desirable location.

Property profile
Verified
Property type Warehouses
Total area 30,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Domoteck Interiors Inc General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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