Technical
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Property profile

70-10 74 St Queens, NY 11379

OFF-MARKET
Warehouses
60,000 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Total area 60,000 SF

Cap rate & NOI

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

Location

70-10 74 St Queens, NY 11379
Queens 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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