18-01 Decatur St Queens, NY 11385

Property Details for 18-01 Decatur St

Property size

2,000 SF

Property type

Warehouses

Property subtype

Industrial properties

Description

This exceptional offering presents a rare opportunity to acquire a thriving wholesale business alongside its 2,000 square foot warehouse located at 18-01 Decatur St, Queens, NY 11385. The property boasts M1-4D zoning, allowing for significant expansion potential. With 2,500 square feet of lot size and an impressive 3,000 square feet of available air rights, the total buildable area is 4,998 square feet (buyer to verify with their own architect). The existing warehouse features a 13-foot ceiling height and includes two parking spaces. The business itself has a strong track record, operating for over 25 years with established trading partners and exclusive US market brands, generating annual gross sales of $1,450,000. The asking price for the entire package is $2,075,000, representing a price per square foot of $1,037.50 and a price per unit of $2,075,000. The property is a single-tenant, NNN lease. Its convenient corner location in Ridgewood offers easy access to the L and M subway lines. This is a turnkey opportunity for an investor seeking both immediate income and substantial long-term growth potential. The buyer is responsible for verifying all zoning information and permitted uses with the appropriate authorities.