12909 26th Ave - Office FOR SALE


Flushing, NY 11354
$25,000,000 USD
646-312-6802
12909 26th Ave, Flushing, NY for Sale
$25,000,000 USD
Office - FOR SALE
1/21
null | Request Cap Rate

12909 26th Ave
Flushing, NY 11354


HIGHLIGHTS

  • 60,622 SF multi-tenant office/flex building
  • Approx. 36 tenants with diversified income
  • Annual rent escalations in place
  • Value-add potential via vacancy lease-up and rent-to-market renewals
  • College Point, Queens location near Flushing and Whitestone
  • Proximity to LaGuardia Airport and major highways

OVERVIEW

Property Overview 129-09 26th Avenue is a four-story office and flex industrial building located in the College Point section of Queens. The property contains 60,622 square feet, consisting of 41,457 square feet of office space and 19,165 square feet of industrial/flex space. The building is leased to 36 tenants, providing a diversified multi-tenant rent roll. Leases include annual rent escalations, and the composition of the rent roll presents a clear value-add opportunity through lease-up of existing vacancy and the renewal of leases at market-supported rents, supporting future income growth. The property is located near Flushing, Whitestone, and LaGuardia Airport, with convenient access to major highways and public transportation. The surrounding area is characterized by established commercial and industrial uses, supporting long-term demand.

FOR SALE DETAILS

PRICE

$25,000,000 USD

PRICE/SF

$417 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

undefined, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

85

LAND DETAILS

LAND ACRES

1.42 AC

LAND SF

61,855 SF

ZONING

M2-1

APN/PARCEL ID

04273-0090

ASK ABOUT THIS PROPERTY

Charles TurbakE Realty International CorpMore Info
646-312-6802

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Charles TurbakE Realty International CorpMore Info
646-312-6802

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