34-19-40 10th/11th Street
Mixed Use | 0 | 0 | sqft
$16,250,000
,Long Island City,NY, 11106
34-19-40 10th/11th Street, Long Island City Mixed Use Photos
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Calling All Investors, Developers & End-Users!!! 11.64 Cap 75,658 Sqft. Warehouse For Sale Asking Less Than $215 Per Sqft.!!! The Property Is Situated On A HUGE 39,562 Sqft. Lot!!! The Buildings Feature Excellent Signage, Great Exposure, High 17\' Ceilings, 8 Parking Spaces, Loading Dock, 3 AC Units, Strong R5 Industrial Zoning, 3 Phase Power, Freight Elevator, +++!!! Neighbors Include Costco, Walgreens, Rite Aid, McDonald\'s, NAPA Auto Parts, Wyndham Hotel,+++!!! Located In The Heart Of Astoria This Property This Property Offers An Easy Commute To Manhattan. The Property Is Located Just A Few Blocks Away From The Queensboro Bridge This Property Offers HUGE Upside Potential!!! This Could Be Your Next Investment Property, Development Site/ The Next Home For Your Business!!! Both Properties Are Also For Lease With Sizes Ranging From 7,000 - 75,000 Sqft. With Rental Asking Prices Of $22-$25 / Sqft. NNN!!! Expenses: Gas: $ Electric: $ Insurance: $10,168 Ann. Maintenance/ Repairs: $2,500 Ann. Taxes: $190,283 Ann. Water: $0 Total Expenses: $202,951 Ann. 75,658 Sqft. @ $25 Per Sqft. NNN = $1,891,450.00 Net Operating Income (NOI): $1,891,450.00 (Proforma 11.64 Cap!!!)
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- MLSAreaMinor: 11
- Street Name: 10th/11th
- County Or Parish: Queens
- City: Long Island City
- State Or Province: NY
- Postal Code: 11106
- Address: 34-19-40 10th/11th Street, Long Island City NY 11106
- Directions: 34th Avenue to 10th/11th Street
- Property Type: Commercial Sale
- Property Sub Type: Mixed Use
- Tax Annual Amount: 206262
- Tax Block: 325
- Tax Lot: 42 & 15
- Year Built: 1931
- Lot Size Square Feet: 39562
- Building Area Units: Square Feet
- Parcel Number: 00325-0015