37-31 10th St - Light Distribution FOR SALE


Long Island City, NY 11101
$5,500,000 USD
718-663-2639
37-31 10th St, Long Island City, NY for Sale
$5,500,000 USD
Light Distribution - FOR SALE
1/3
null | Request Cap Rate

37-31 10th St
Long Island City, NY 11101


HIGHLIGHTS

  • Six-Story Flex Office Building in the Dutch Kills Neighborhood of Long Island City.
  • Delivered Vacant: Ideal opportunity for owner/user in a thriving neighborhood.
  • Lower level parking garage and ~5K SF ground floor warehouse - 22’ ceilings, (2) drive-in doors.
  • Offices have an open floor plan with lots of natural light and tremendous views on the upper floors.
  • Easy access to Manhattan and surrounding neighborhoods via the Queensboro Bridge, RFK Bridge and to public transportation.

OVERVIEW

RIPCO REAL ESTATE has been retained on an exclusive basis to arrange for the sale of 37-31 10TH STREET, LONG ISLAND CITY, NY 11101. 37-31 10th Street is a ~29,000 SF, six-story loft office building with ground floor warehouse space, conveniently located in Dutch Kills/Long Island City, Queens. The Property will be delivered vacant providing great flexibility and optionality to an investor or owner user. The building includes ground floor warehouse space and benefits from two drive-in doors directly accessing the warehouse space and a lower-level parking garage. Offices have an open floor plan with lots of natural light and tremendous views on the upper floors. The versatile layout of the space allows for several uses and businesses to thrive in this dynamic urban environment. The Dutch Kills district in Long Island City has seen a transformation from its industrial roots to a mix of residential and commercial developments, but it still retains some of its industrial character. The neighborhood is conveniently located near major transportation options including the E, M, N, R, W & 7 subway lines, providing easy access to Manhattan and surrounding neighborhoods. Furthermore, its proximity to parks, restaurants, and cultural institutions makes the Property an attractive location for employees and clients alike. For more information or to arrange a property tour, please reach out the exclusive brokers.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$163 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

2002

UTILITIES

-

CLEAR CEILING HT

22 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12

LAND SF

5,227

ZONING

M1-3

APN/PARCEL ID

00360-0007

ASK ABOUT THIS PROPERTY

Stephen PreussRipco Real EstateMore Info
718-663-2639

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Stephen PreussRipco Real EstateMore Info
718-663-2639

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.