Property profile

18-81 Steinway St Queens, NY 11105

OFF-MARKET
Refrigerated & Cold Storage
25,355 SF Built 1987
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Property summary

AI-generated overview

This exceptional 25,355-square-foot industrial property, located at 18-81 Steinway Street in Astoria, Queens County, presents a unique opportunity for a single tenant. Built in 1987, this single-story warehouse boasts a substantial 22-foot ceiling height, ideal for various industrial uses. The property features two loading docks and one drive-in door, ensuring efficient loading and unloading operations. Ample power is provided with an 800-amp service. The building is equipped with a full sprinkler system for enhanced safety. A notable feature is the solar panel roof deck, contributing to energy efficiency. While not overly burdened with office space, the existing office area provides sufficient space to oversee operations. The property is zoned M1-1, suitable for a range of industrial applications. This well-maintained warehouse offers a blend of functionality and modern amenities, making it an attractive option for businesses seeking a strategic location in Astoria. The property's features are designed to optimize workflow and productivity. Interested parties should inquire for pricing and scheduling.

Property profile

Verified
Property type Refrigerated & Cold Storage
Year built 1987
Total area 25,355 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Food Processing Plant Factory
  • Take-out & Catering

Location

18-81 Steinway St Queens, NY 11105
Queens metro
Google Maps

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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