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Property profile & analytics
OFF-MARKET
Industrial properties

21-44 44Th Rd Queens, NY 11101

30,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 30,000-square-foot industrial flex space, situated on an 11,500-square-foot lot in Queens, NY, presents a unique investment opportunity. The three-story building boasts a 15-foot ceiling height, providing ample vertical space for diverse operational needs. Convenient loading is facilitated by two drive-in doors and a freight elevator, ensuring efficient material handling. The property's prime location offers unparalleled accessibility, being directly across the street from Queens' newest tallest building. Furthermore, its proximity to the 7, N, W, E, M, and G subway lines provides employees and clients with easy public transportation access. Major roadways, including the Long Island Expressway, Brooklyn Queens Expressway, Grand Central Parkway, and the Queensboro Bridge, offer seamless connectivity to all five boroughs of New York City and beyond. The property is zoned M1-4, allowing for a variety of industrial and commercial uses. This sale-leaseback arrangement offers a compelling blend of immediate income generation and long-term investment potential. The address is 21-44 44th Rd, Queens, NY 11101. This property is ready for immediate occupancy and presents a rare opportunity to acquire a well-located, versatile industrial space in a rapidly developing area of Queens.

Property profile
Verified
Property type Industrial properties
Total area 30,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gander & White Shipping Inc Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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