Technical
Financial
Distress signals
Property profile

33-00 47Th Ave Long Island city, NY 11101

OFF-MARKET
Warehouses
55,680 SF
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Property summary

AI-generated overview

The Redstone Building, located at 33-00 47th Ave in Long Island City, Queens County, NY 11101, offers a significant industrial space opportunity. This property encompasses a total of 55,680 square feet and is currently fully vacant, presenting a unique chance for a single tenant or multiple tenants to occupy the entire building. The building is classified as Office, Industrial with subtypes including Manufacturing, Flex, and Warehouse space, making it suitable for a variety of uses. Two suites are available, with a minimum divisible space of 23,566 square feet and a maximum contiguous space of 32,114 square feet. The property boasts ample private indoor parking, a crucial amenity for industrial operations. Furthermore, the building is equipped with heavy power, featuring a robust 1,200-amp service, ideal for power-intensive manufacturing or industrial processes. This prime location in Long Island City offers excellent access to major transportation arteries and a thriving business community. The property is available for lease and presents a compelling opportunity for businesses seeking substantial, well-equipped industrial space in a desirable location. Interested parties should inquire for further details and leasing options.

Property profile

Verified
Property type Warehouses
Total area 55,680 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Factory Production Facility

Location

33-00 47Th Ave Long Island city, NY 11101
Long Island city metro
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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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