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10211-10219 44th Ave 32,520 SF Industrial Building Corona, NY 11368 $6,900,000 ($212.18/SF) 6.26% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 3 Freight Elevator
  • Loading Area
  • Minute From #7 Train and Great Central Parkway
  • 7 cars parking
  • 800 AMPS Power

EXECUTIVE SUMMARY

Presenting these 4 buildings package deal for sale (10211, 10215, 10217 and 10219 44th Avenue Corona NY 11368). A great opportunity for property investor and end user. Total lot size is 21,360 SQFT and building size is 32,520 SQFT. Basement size 3500 SQFT. There are 7 cars parking spot with loading area and 3 freight elevator. Endless potential and won't last!

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $577,296 $17.75
Other Income - -
Vacancy Loss - -
Effective Gross Income $577,296 $17.75
Taxes $134,802 $4.15
Operating Expenses - -
Total Expenses $134,802 $4.15
Net Operating Income - -

PROPERTY FACTS

Price $6,900,000
Price Per SF $212.18
Sale Type Investment or Owner User
Cap Rate 6.26%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.49 AC
Rentable Building Area 32,520 SF
No. Stories 3
Year Built/Renovated 1931/1987
No. Drive In / Grade-Level Doors 2
Zoning M1-1 - Light Industrial with Offices, Hotels, and Most Retail Uses Permitted.

AMENITIES

  • Storage Space

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Electric
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (87)
Bike Score®
Very Bikeable (77)

PROPERTY TAXES

  • Listing ID: 34678778

  • Date on Market: 1/31/2025

  • Last Updated:

  • Address: 10211-10219 44th Ave, Corona, NY 11368