37-31 10Th St Queens, NY 11101
This exceptional six-story, 33,755-square-foot industrial/office building in Long Island City's Dutch Kills neighborhood is available for sale at $5,500,000. Currently vacant with an occupancy date of October 31, 2024, this property presents a unique owner-user opportunity. The building boasts 25,041 square feet of net rentable space, including a 5,010-square-foot lot. The ground floor features approximately 5,000 square feet of warehouse space with 22-foot ceilings and two convenient drive-in loading docks. Upper floors offer open-plan office space with abundant natural light and impressive views. The building also includes a lower-level parking garage. Situated in a rapidly developing area, this property benefits from its M1-3 zoning and proximity to major transportation hubs, including multiple subway lines, providing easy access to Manhattan and other key areas. The vibrant Dutch Kills neighborhood offers a blend of industrial heritage and modern amenities, including nearby parks, restaurants, and cultural attractions. This versatile property is ideal for a wide range of businesses seeking a dynamic and convenient location.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.