34-51 Vernon Blvd, Queens, NY 11106
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.
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
Similar Nearby for Lease
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.