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    OFF-MARKET
    Warehouses

    9-15 38Th Ave, Queens, NY 11101

    6,183 SF Built 1951
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Warehouses
    Year built 1951
    Total area 6,183 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Northern Bay Contractors, Inc General Contractor
    • Maverick Construction Group Construction Company
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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