4417 54th Dr Flushing, NY 11378-1017
- Warehouses
- 6,000 SF
- 0.09 lot acres
Current Use by Public Records
- Warehouses
Property Details for 4417 54th Dr
- Year built
- 2004
- Lot size
- 0.09 lot acres
- Property size
- 6,000 SF
- Zone code
- M2-1
- Property type
- Warehouses
- APN
- 02537-0038
- APU
- 25370038
Description
This exceptional 30,000 square foot industrial land parcel in Maspeth, Queens, presents a unique investment opportunity. The property boasts an M2-1 zoning designation with a 2.0 FAR, allowing for a substantial 60,000 square foot buildable area for commercial use. Currently, the site includes three contiguous 6,000 square foot Class A industrial buildings constructed in 2004. Each building features a 4,000 square foot ground floor warehouse with a drive-in door and 20-foot clear ceilings, plus 2,000 square feet of finished second-floor office space complete with HVAC and private bathrooms. An additional 18,000 square feet of paved and fenced land lies behind the buildings. The property benefits from a 9-year remaining ICAP tax abatement and enjoys a prime location, minutes from the Long Island Expressway and the Brooklyn-Queens Expressway, offering excellent access to major transportation arteries. The site offers two-street frontage and is comprised of Block 2537, Lots 34, 36, 38, and 11. This property is ideal for developers seeking to expand existing structures or build new commercial facilities in a thriving Queens location. The property can be purchased as a single contiguous parcel or potentially subdivided.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $385,000
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Location Insight
- Map
- Local Demand
- City
- Flushing
- County
- Queens
- State
- New York
- Longitude
- -73.923
- Latitude
- 40.7307
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
