31-31 123Rd St, College Point, NY 11354
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.
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
Similar Nearby for Lease
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.