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Property profile & analytics
OFF-MARKET
Warehouses

37-31 58 St Queens, NY 11377

5,000 SF Built 1960
Property ID
Property summary
AI-generated overview

This exceptional 4,300-square-foot industrial property, located at 37-31 58th Street in Woodside, Queens, presents a unique opportunity for businesses seeking a blend of warehouse and office space. The single-story building, constructed in 1960 and extensively renovated in 2021, sits on a 5,000-square-foot lot and boasts a 14-foot ceiling height (15.5 feet interior). The space is divided into a 3,100-square-foot warehouse and a 1,200-square-foot office area, perfectly suited for a variety of uses. The property features updated central air and heat, 3-phase electric, and convenient inside building parking. Its M1-1 zoning allows for diverse business operations. Strategically located between Northern Boulevard and Roosevelt Avenue, this property offers easy access to major transportation arteries, including the Brooklyn Queens Expressway and Grand Central Parkway. Commuters will appreciate the proximity to two subway stations, providing convenient access to Manhattan (15 minutes via Northern Boulevard). The building's 50-foot frontage and convenient location make it an ideal space for businesses needing both storage and office functionality. The monthly rent is $10,500.

Property profile
Verified
Property type Warehouses
Year built 1960
Total area 5,000 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
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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