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4124 38th St

14,000 SF Industrial Building Long Island City, NY 11101 $6,250,000 ($446/SF) 5.94% Cap Rate

Warehouses New York Long Island City 4124 38th St, Long Island City, NY 11101

Executive Summary

Ground floor features 11,000 SF of warehouse space with 3,000 SF of Mezz/Executive suite space above. Mezz space can be used for storage as well. For sale by owner.

Property Facts

Price $6,250,000 Rentable Building Area 14,000 SF
Price Per SF $446 No. Stories 2
Sale Type Investment or Owner User Year Built/Renovated 1962/1999
Cap Rate 5.94% Tenancy Single
Property Type Industrial Parking Ratio 1.43/1,000 SF
Property Subtype Warehouse Clear Ceiling Height 22 FT
Building Class C No. Drive In / Grade-Level Doors 1
Lot Size 0.39 AC Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $6,250,000
Price Per SF $446
Sale Type Investment or Owner User
Cap Rate 5.94%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.39 AC
Rentable Building Area 14,000 SF
No. Stories 2
Year Built/Renovated 1962/1999
Tenancy Single
Parking Ratio 1.43/1,000 SF
Clear Ceiling Height 22 FT
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Utilities

  • Lighting - Halogen
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
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Walk Score ®
Walker's Paradise (92)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 00216-0038 Improvements Assessment $736,960
Land Assessment $112,500 Total Assessment $849,460

PROPERTY TAXES

Parcel Number
00216-0038
Land Assessment
$112,500
Improvements Assessment
$736,960
Total Assessment
$849,460

zoning

Zoning Code M1-4 (Light industrial with offices, hotels, and most retail uses permitted)
M1-4 (Light industrial with offices, hotels, and most retail uses permitted)
  • Greg Haroutunian
    Greg Haroutunian
  • Vital Transportation
(212) 678-0919

  • Listing ID: 27858612

  • Date on Market: 3/1/2023

  • Last Updated:

  • Address: 4124 38th St, Long Island City, NY 11101

More public record information on 4124 38th St, Long Island City, NY 11101

The Industrial Property at 4124 38th St, Long Island City, NY 11101 is currently available For Sale. Contact Vital Transportation for more information.

Industrial PROPERTIES IN NEARBY NEIGHBORHOODS

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4124 38th St, Long Island City, NY for sale Floor Plan- Image 3 of 7
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4124 38th St, Long Island City, NY for sale Floor Plan- Image 5 of 7
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4124 38th St, Long Island City, NY for sale Plat Map- Image 6 of 7
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4124 38th St
(212) 678-0919 x

4124 38th St

Greg Haroutunian

(212) 678-0919

(212) 678-0919

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