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    OFF-MARKET
    Warehouses

    58-38 47Th St, Queens, NY 11378

    180,924 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 58-38 47th Street in Queens, New York, presents a unique investment opportunity. The warehouse building encompasses a substantial 180,924 square feet, with 90,000 square feet currently available for lease. Situated on a 90,462 square foot lot, the property benefits from M3-1 zoning. The building is single-tenant and offers significant advantages for businesses seeking a strategic location in the heart of Maspeth. The site boasts convenient access to major transportation arteries, including direct access to Manhattan via the Williamsburg Bridge and proximity to both the Brooklyn Queens Expressway and the Long Island Expressway. Further enhancing its logistical capabilities, the property features 365 linear feet of bulkhead along Newtown Creek, providing access to NYC waterways. The fully paved and fenced lot is equipped with essential utilities including electricity, water, and sewer. Two-street corner frontage and multiple curb cuts ensure ease of access and high visibility on Grand Avenue, a major thoroughfare. This property is ideal for businesses requiring substantial space and excellent connectivity within the New York City metropolitan area. The zip code is 11378.

    Property profile
    Verified
    Property type Warehouses
    Total area 180,924 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
    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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