23-01 Borden Avenue, Long Island City, NY 11101

$18,800,000

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List Price
$18,800,000
Days on Market
1
MLS#
1044470
Status
ACTIVE

Property Description

Rare Long Island City industrial investment opportunity at 23-01 Borden Ave. This approximately 31,500 SF lot features a 27,405 SF warehouse/industrial building with approximately 175' x 180' lot dimensions. Zoned M3-2, the property is currently occupied by multiple tenants and offers existing rental income. Excellent location with convenient access to major transportation routes and Long Island City’s established commercial and industrial infrastructure. Ideal for investors seeking a well-located industrial/warehouse asset with long-term investment potential. Asking $18,800,000. Current cap rate approximately 3.27%. All uses and measurements are subject to verification and applicable zoning regulations

Additional Information

School District
Queens24
Total Taxes
150734
Heating
Baseboard
Water
Public
Sewer
Public Sewer
Taxes
$150,734

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Listing courtesy of Listing Agent: Hsin Yuan Yang (shirley@erealtyny.com) from Listing Office: E Realty International Corp.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.