22-01 121St St College Point, NY 11356
This exceptional College Point, NY property offers a unique blend of industrial and office space, ideal for a diverse range of businesses. Situated on a 15,000 square foot lot at 22-01 121st Street, zip code 11356, this special purpose property encompasses 3,750 square feet of total building space. Three of the industrial units are currently rented, providing immediate income potential. The property boasts ample parking, ensuring convenient access for employees and clients. The industrial area is well-suited for manufacturing or warehousing, while the office space provides a professional environment for administrative functions. This versatile property seamlessly integrates heavy-duty industrial capabilities with streamlined office workflows, making it an attractive option for companies seeking a combined facility. Its location in College Point, Queens, New York offers excellent accessibility and logistical advantages. The asking price for this prime commercial property is $4,000,000. This presents a compelling investment opportunity in a thriving New York City borough.
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
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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.