Property summary
This exceptional turnkey warehouse, located at 9-15 38th Ave in the Dutch Kills section of Long Island City, Queens, NY 11101, presents a unique owner-user investment opportunity. The property boasts 6,183 square feet of net rentable space, spread across two stories, built in 1951 and renovated in 2003. The warehouse features a fully equipped office space complete with restrooms, a full kitchen, separate offices, and a conference room. The building sits on a 3,093 square foot lot and benefits from M1-3 zoning, offering significant untapped potential with 9,279 square feet of air rights. Its prime location provides convenient access to Manhattan via multiple subway lines and major bridges. The asking price is $2,750,000, translating to $444.77 per square foot. This single-unit, Class C industrial property represents a rare combination of functionality, convenience, and growth potential. The property is ready for immediate occupancy, making it an ideal solution for businesses seeking a well-maintained and strategically located warehouse with integrated office space. The building's solid construction and recent renovations ensure a low-maintenance operation. Don't miss this chance to acquire a highly desirable asset in a thriving area.
Property profile
VerifiedCap rate & NOI
Current use
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General Contractor
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Construction Company
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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