Property profile

34-51 Vernon Blvd Queens, NY 11106

OFF-MARKET
Warehouses
10,200 SF 6 ac lot Built 1956
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Property summary

AI-generated overview

This exceptional 10,200-square-foot warehouse in Long Island City, Queens presents a compelling investment opportunity. Located at 34-51 Vernon Blvd, 11106, this single-story, 1956-built property sits on a six-acre lot and boasts a desirable R5 zoning designation with a Certificate of Occupancy for office and storage use, allowing for flexible mixed-use potential. The building features two dock-high doors, ideal for efficient loading and unloading, and a substantial 14-foot ceiling height, maximizing storage capacity and accommodating various equipment. The property includes a recently added conference room and a small office, complementing the warehouse space. A robust 600-amp, 3-phase electrical service is in place, suitable for power-intensive operations. Further enhancing its appeal, the property includes installed HVAC, fireproof construction, and the option for a vacant delivery or a partial leaseback, providing flexibility for diverse buyer needs. This prime Long Island City location offers unparalleled access to Manhattan and benefits from robust infrastructure.

Property profile

Verified
Property type Warehouses
Year built 1956
Total area 10,200 SF
Lot 6 ac (261,360 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

34-51 Vernon Blvd Queens, NY 11106
Queens metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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