Property profile

51-49 35Th St Queens, NY 11101

OFF-MARKET
Warehouses
5,000 SF
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Property summary

AI-generated overview

This exceptional 5,000-square-foot warehouse located at 51-49 35th Street in Queens County offers a fantastic opportunity for businesses seeking a single-tenant industrial space. The property boasts a convenient roll-up drive-in gate, facilitating easy loading and unloading of goods. High ceilings provide ample vertical storage space, maximizing efficiency and optimizing the use of the available square footage. The warehouse is currently entirely vacant, presenting a blank canvas for a tenant to customize the space to their specific operational needs. The building's robust electrical system ensures sufficient power for various industrial applications. This property is ideally suited for a wide range of businesses requiring a functional and spacious warehouse in a prime Long Island City location. The asking rent of $20 per square foot represents a highly competitive rate in the current market, making this an exceptional value proposition. The single-tenant occupancy ensures exclusive use and control of the entire 5,000 square feet. This is a rare opportunity to secure a well-located, functional warehouse at an attractive price point. Don't miss out on this chance to establish your business in this thriving area. Contact us today to schedule a viewing.

Property profile

Verified
Property type Warehouses
Total area 5,000 SF

Cap rate & NOI

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

Location

51-49 35Th St Queens, NY 11101
Queens metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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