Property profile

31-31 123Rd St College Point, NY 11354

OFF-MARKET
Warehouses
15,053 SF
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Property summary

AI-generated overview

This exceptional 15,053-square-foot warehouse, located at 31-31 123rd Street in College Point, Queens County, New York, presents a significant leasing opportunity. The property boasts a single-tenant occupancy, offering complete control and flexibility for the new occupant. Situated on a generous 1.5-acre lot, the building provides ample space for operations and potential expansion. The warehouse features a substantial ceiling height of 19'3", ideal for storing high-volume goods or accommodating large machinery. Four convenient drive-in doors ensure efficient loading and unloading, streamlining logistics and operations. The property is zoned M2-1, offering a range of permitted uses within the industrial sector. The entire 15,053 square feet is currently vacant, providing immediate occupancy for a prospective tenant. This prime location in College Point, with its zip code 11354, offers excellent access to major transportation arteries, facilitating seamless distribution and logistics. This is a rare opportunity to secure a substantial, well-appointed warehouse in a desirable location. The property's size, features, and zoning make it suitable for a variety of industrial businesses seeking a strategic location in Queens. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Warehouses
Total area 15,053 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

31-31 123Rd St College Point, NY 11354
College Point metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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