70-10 74 St Queens, NY 11379
This exceptional industrial property, located at 70-10 74th Street in Middle Village, Queens, NY 11379, offers 60,000 square feet of versatile space. The building features 25,000 square feet of ground floor warehouse space and 24,000 square feet of second-floor warehouse/manufacturing space, complemented by 11,000 square feet of secure interior parking. Efficient loading is ensured with four interior loading dock positions and two drive-in doors, along with a freight/passenger elevator. The building boasts a ceiling height of approximately 15 feet and is situated on a lot zoned M1-1. This well-maintained property provides a rare opportunity to acquire a substantial industrial building with ample parking in a convenient location. The asking price is $19,500,000, translating to $325 per square foot. The property is conveniently located within a half-mile radius of the Q29 and Q67 bus lines, offering easy access to public transportation. This two-story building presents a unique investment opportunity for businesses seeking a well-equipped and strategically located industrial space in Queens, New York. The property is ready for immediate occupancy.
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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.