122-115 15 Ave Queens, NY 11356
This exceptional industrial property, located at 122-115 15th Avenue in Queens, NY 11356, offers a substantial 57,200 square feet of warehouse space situated on a 48,450 square foot lot (APN: 4067-15). The building, zoned M1-1, features a double ground floor design with direct loading access to each floor, providing efficient operations. The building dimensions are 167 feet by 199 feet, while the lot measures 272 feet by 200 feet. Key features include ample natural light, 2,400 amps of power (1,200 amps per floor), a wet sprinkler system, and gas heat. Parking is available on a 5,200 square foot area. The property boasts a 16-foot ceiling height and offers two straight access points. The warehouse is divisible, with Section A (14th Road frontage) comprising 25,800 square feet with two exterior loading docks, a 36' x 23.5' column span, and Section B (15th Avenue frontage) encompassing 31,400 square feet, including one 50-foot deep interior loading dock and a 32' x 23.5' column span. The property can be delivered vacant or potentially sold with a lease-back option for the 31,400 square foot Section B. This presents a unique opportunity for owner-occupiers or investors seeking a prime industrial location in Queens.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.