34-26 31St St Queens, NY 11106
- Retail properties
- 2,000 SF
Current Use by Public Records
- Security Camera Installation NYC / Security System Installer
- Network Cabling NYC / Telecommunications Contractor
- BSC Paint / Painting
Property Details for 34-26 31St St
- Year built
- 1920
- Property size
- 2,000 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional Class A manufacturing property, located at 34-26 31st Street in Queens, NY 11106, presents a compelling investment opportunity. The 2,000 square foot building, constructed in 1920 and renovated in 1987, sits on a 2,000 square foot lot and boasts a 13-foot ceiling height. Currently 100% occupied under a gross lease with a single tenant since May 1, 2023, with five years remaining on the lease, this stabilized investment offers a strong return. The property features one dock-high door, is zoned M1, and benefits from a prime location with excellent street exposure. The asking price is $1,900,000, translating to $950 per square foot. This single-unit building offers a rare opportunity to acquire a well-maintained, strategically located manufacturing space in a thriving Queens neighborhood. The property's strong tenancy and desirable features make it an ideal addition to any investment portfolio.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.9278
- Latitude
- 40.759
