This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Office Property is no longer advertised on LoopNet.com.

3511 9th St
Long Island City, NY 11106

The Cigar Factory · Office Property For Sale

Investment Highlights

  • The 61.9% occupancy provides immediate cash flow for a new owner.
  • Strategically located within an Opportunity Zone.
  • In-place 25-year ICIP tax abatement, with 14 years remaining.
  • Recent $5.0M in interior upgrades, with $1.4M in façade improvements underway.
  • Irreplaceable scale of 2.62 FAR (compared to 1.25 as-of-right) offers rare canvass for future residential conversion.

PROPERTY FACTS

Property Type
Office
Property Subtype
Office/Residential
Building Size
120,559 SF
Building Class
C
Year Built/Renovated
1930/2017
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
30,140 SF
Building FAR
2.85
Lot Size
0.97 AC
Zoning
R5
Parking
15 Spaces (0.12 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Commuter Rail
  • Courtyard
  • Metro/Subway
  • Property Manager on Site
  • High Ceilings
  • Natural Light

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00329-0018
Land Assessment
$1,134,000
Improvements Assessment
$3,062,610
Total Assessment
$4,196,610
  • Listing ID: 23364491

  • Date on Market: 6/10/2021

  • Last Updated:

  • Address: 3511 9th St, Long Island City, NY 11106

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}