9-15 38Th Ave, Queens, NY 11101
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.
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Northern Bay Contractors, Inc General Contractor
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Maverick Construction Group Construction Company
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
Similar Nearby for Lease
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.