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    OFF-MARKET
    Warehouses

    145-64 156 St, Queens, NY 11434

    27,500 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 145-64 156th Street in Springfield Gardens, Queens, NY 11434, presents a compelling investment opportunity. The two-story building offers a total of 27,500 square feet, encompassing approximately 17,500 square feet of warehouse space and 10,000 square feet of second-floor office space. The warehouse boasts impressive ceiling heights ranging from 17.5 to 25 feet, providing ample vertical storage capacity. Seven drive-in doors and two drive-in loading docks ensure efficient loading and unloading operations. Strategically situated on an entire block front between 155th and 156th Streets, the property enjoys excellent accessibility, with close proximity to major transportation arteries including the Belt Parkway and the Van Wyck Expressway (I-678). Its location just five minutes from John F. Kennedy International Airport further enhances its logistical advantages. Currently vacant, this property presents a prime opportunity for an owner-user seeking a substantial and well-located industrial space. The asking price for this exceptional property is $14,000,000.

    Property profile
    Verified
    Property type Warehouses
    Total area 27,500 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
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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