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    1211 38th Ave Long Island City, NY 11101-6032
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    Property profile & analytics

    1211 38th Ave Long Island City, NY 11101-6032


    • Warehouses
    • 19,600 SF
    • 0.22 lot acres
    Off-Market
    Last Sale Dec 20, 2022
    Property ID
    US63-1321438
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,745,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Task Transportation Inc / Freight Service / Logistics Company

    Property Details for 1211 38th Ave

    Year built
    1986
    Lot size
    0.22 lot acres
    Property size
    19,600 SF
    Zone code
    M1-3
    Property type
    Warehouses
    APN
    00362-0037
    APU
    3620037

    Description

    This exceptional 5,000-square-foot warehouse in Long Island City, Queens offers a single-tenant occupancy opportunity. Located at 1211 38th Ave, near 12th Street, this industrial space boasts a generous 18-foot ceiling height, perfect for various storage and operational needs. Access is convenient via an automatic rolling gate. The property includes a valuable elevator for efficient vertical movement of goods and materials. Ample parking is provided with at least 20 spaces available on the rooftop. Additional features include a private restroom for tenant convenience. The property is zoned M1-3 within Queens County, New York, zip code 11101. The lot size mirrors the building size at 5,000 square feet. The property currently has no property taxes assessed per square foot. The warehouse is equipped with 400 Amps of power, ensuring sufficient electrical capacity for most industrial operations. This is a rare opportunity to secure a well-appointed warehouse in a highly desirable Long Island City location. The 5,000 square feet of vacant space is ready for immediate occupancy.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,495,000
      6.5%
      $2,305,000
      7%
      $2,140,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Long Island City
    County
    Queens
    State
    New York
    Longitude
    -73.9401
    Latitude
    40.7581
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $84,680
    $220,500
    $625,050
    $845,550
    -
    $490,000
    $1,389,000
    $1,879,000
    More about this property
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