132-109 178 St Queens, NY 11434
- Warehouses
- 51,324 SF
- 1.18 lot acres
Current Use by Public Records
- Warehouses
Property Details for 132-109 178 St
- Lot size
- 1.18 lot acres
- Property size
- 51,324 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 51,324-square-foot warehouse presents a compelling investment opportunity in Queens, New York. Located at 132-109 178th Street, 11434, this single-story building sits on a 1.18-acre lot and is zoned M-1. The property boasts a 22-foot ceiling height, ideal for high-volume storage, and features three loading docks and one dock-high door, ensuring efficient loading and unloading operations. The asking price is $18,000,000, translating to a price per square foot of $350.71. The warehouse offers ample space for distribution, with 2,418 pallet positions, and includes floor drains. A significant advantage is the inclusion of 4,100 square feet of rear yard space. Furniture and pallet racking are available for purchase, adding to the property's immediate operational readiness. Furthermore, the property benefits from partial tax abatement through a New York City Industrial Development Agency PILOT agreement. The occupancy date is January 1st, 2025. Its prime location offers easy access to John F. Kennedy International Airport, approximately 15 minutes away, making it strategically positioned for seamless logistics and distribution. This pristine distribution center also includes Class A office space, enhancing its overall functionality and appeal.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.7634
- Latitude
- 40.6778
