Property profile

70-42 48Th Ave Queens, NY 11377

FOR SALE
Flex space
Property ID
US63-Q012500
Built 1990
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Property summary

AI-generated overview

Rare independent industrial property in the heart of Woodside’s logistics hub, offering 6,079 SF of space with a 5,120 SF warehouse, 959 SF office, dual-corner exposure, 11–20 ft ceiling heights, and two separate entrances ideal for flexible operations. Featuring a reinforced concrete structure with E1 fire rating, excellent condition, and delivered vacant for immediate use, this site provides exceptional access to major highways and key thoroughfares, making it ideal for warehousing, distribution, e-commerce, food-processing applicants, or integrated industrial/office operations. bikeScore: 75, Very Bikeable walkScore: 98, Walker's Paradise transitScore: 100, Rider's Paradise

Property profile

Verified
Property type Flex space
Year built 1990
UPID US63-Q012500

Cap rate & NOI

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

Location

70-42 48Th Ave Queens, NY 11377
Queens metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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