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    55-5 Flushing Ave Queens, NY 11378
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    Property profile & analytics

    55-5 Flushing Ave, Queens, NY 11378

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    • Warehouses
    • 22,000 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Warehouses

    Property Details for 55-5 Flushing Ave

    Year built
    1938
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional 22,000-square-foot Class A industrial property, located at 55-05 Flushing Avenue in Queens, New York, presents a unique investment opportunity. Built in 1938 and extensively renovated in 2020, this two-story building boasts a desirable M1-1 zoning designation. The warehouse features 16,000 square feet of ground-floor space and 6,000 square feet of second-floor office space, all benefiting from 18-foot high ceilings. Loading and unloading are efficient with three interior tailboard docks and one drive-in door. The property includes a substantial 3,600 square feet of paved parking, a significant advantage in this location. Modern amenities include a new 1,600-amp electrical service, gas heat, a wet sprinkler system with a fire alarm control panel, and fully renovated HVAC systems in the offices. This turnkey property is situated on a 2630 square foot lot and is ready for immediate occupancy. Its prime Maspeth location offers excellent access to major transportation routes, making it an ideal distribution or manufacturing hub. The property's combination of size, modern features, and convenient location makes it a highly attractive investment.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.9125
    Latitude
    40.7157
    More about this property
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