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9-15 38th Ave

6,186 SF Industrial Building Long Island City, NY 11101 $2,750,000 ($445/SF)

Investment Highlights

  • Light manufacturing zoning
  • Updated office space with kitchen, conference room and bathroom
  • New roof New CAC
  • Unused air rights-Possible expansion or hotel conversion

Executive Summary

Warehouse plus office above in excellent condition ideal for owner/user or investor.. Office fully equiped with restrooms, kitchen, separate offices and a full conference room. This turnkey warehouse is located in the Dutch Kills section of Long Island City so affords an end user/investor easy access to Manhattan via several subway lines as well as the Ed Koch and RFK bridges. M1-3 zoning with untapped air rights. New roof. New CAC. Contact LB to set up a private tour.
Will be delivered vacant.

Property Facts

Price $2,750,000
Price Per SF $445
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.07 AC
Rentable Building Area 6,186 SF
No. Stories 2
Year Built 1951
Tenancy Single
Clear Ceiling Height 14 FT
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes

Amenities

  • Metro/Subway
  • Reception
  • Car Charging Station
Walk Score ®
Very Walkable (84)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (85)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00359-0039
Land Assessment
$75,150
Improvements Assessment
$207,360
Total Assessment
$282,510

zoning

Zoning Code M1-3 (M1-3 FAR 5.0 Unused air rights.)
M1-3 (M1-3 FAR 5.0 Unused air rights.)
  • Listing ID: 31260378

  • Date on Market: 3/19/2024

  • Last Updated:

  • Address: 9-15 38th Ave, Long Island City, NY 11101

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