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    OFF-MARKET
    Retail properties & Spaces

    34-26 31St St, Queens, NY 11106

    2,000 SF Built 1920
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1920
    Total area 2,000 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
    • Security Camera Installation NYC Security Service Tech Support Center
    • Network Cabling NYC Telecommunications Service General Contractor
    • BSC Paint Painting
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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