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Property profile & analytics

69-07 69 Pl Queens, NY 11385

  • Warehouses
  • 42,500 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Isalis / Gift Shop / Boutique
  • Party City / Candy Store / Costume Store
  • Skunk Funk / Wholesaler / Clothing Store
  • Carl's Trading Co / Hat Shop
  • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

Property Details for 69-07 69 Pl

Year built
1969
Property size
42,500 SF
Property type
Warehouses
Property subtype
Industrial properties

Description

This exceptional 42,500-square-foot warehouse, located at 69-07 69th Place in Queens, New York, presents a significant investment opportunity. Priced at $13,900,000 ($327.07 per square foot), this single-tenant industrial property boasts a prime location and numerous desirable features. Built in 1969, the one-story building sits on a 1-acre lot and is zoned M1-1, allowing for a variety of industrial uses. The warehouse features four loading docks, four of which are interior, a 20-foot ceiling height, and approximately 8,350 square feet of fenced yard space. The property benefits from LED lighting and floor drains throughout. Approximately 10,000 square feet of the warehouse space is air-conditioned, making it suitable for climate-sensitive manufacturing or distribution operations. A key advantage is the proximity to a rail siding, offering potential for daily rail freight service via the nearby NY & Atlantic Railway yard. The property's strategic location offers easy access to major transportation arteries, including the Long Island Expressway (LIE), with exit 19 approximately three miles away, and Manhattan, just six miles distant. The occupancy date is March 1st, 2024. This property is an excellent choice for businesses seeking a well-equipped, strategically located warehouse in the heart of Queens.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Queens
County
Queens
State
New York
Longitude
-73.8835
Latitude
40.7061
More about this property
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