5-16 47Th Ave, Queens, NY 11101
This exceptional 5,000-square-foot industrial property, located in the heart of Hunters Point, presents a unique opportunity for businesses seeking a strategic location. Situated between the Midtown Tunnel and the 59th Street Bridge, this single-tenant warehouse boasts convenient access to major transportation arteries. The building features a spacious 4,000-square-foot ground floor warehouse area, perfect for storage or manufacturing, complemented by a 1,000-square-foot second-floor office space with a private entrance. An existing mezzanine provides additional storage capacity. The property includes a drive-in loading door for efficient material handling, along with essential amenities such as a restroom, a locker room, and a kitchenette. The heating system utilizes gas, while split units provide efficient climate control. The ceiling height measures 13.6 feet, offering ample vertical space. The property is zoned M1-4/R6B and has an APN of 29-30. This location offers unparalleled access to public transportation, making it an attractive option for employees and clients alike. This versatile space is ready for immediate occupancy and presents a compelling investment opportunity.
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.