14-07 113th St - R&D FOR SALE


College Point, NY 11356
$3,200,000 USD
718-475-4353
14-07 113th St, College Point, NY for Sale
$3,200,000 USD
R&D - FOR SALE
1/7
null | Request Cap Rate

14-07 113th St
College Point, NY 11356


HIGHLIGHTS

  • Well-maintained office/industrial building in College Point
  • Well maintained elevator access to all four floors
  • Ground-floor warehouse with 20’ ceiling height and drive-in access
  • Finished upper-floor office space with outdoor areas
  • Elevator-served layout, 800 amp, 3-phase electric; two gas meters for heat and hot water
  • Strong access to Flushing, LaGuardia Airport, Whitestone Expressway, and the Long Island Expressway

OVERVIEW

We are pleased to present 14-07 113th Street in College Point, Queens, a well-maintained office/warehouse building offering rare owner-user functionality in a tight Queens industrial submarket. The property is configured with approximately 14,000 SF of building area with an elevator to all four floors, including a 4,500 SF ground-floor warehouse with 20’ ceiling height, drive-in access, and a wide curb cut. The upper floors provide finished office space, outdoor deck/roof access, and a flexible layout suited to a headquarters, contractor, distributor, storage user, light manufacturer, or multi-tenant office/industrial strategy. The asset is offered at $3,200,000, or approximately $229/SF. Seller financing is available to qualified buyers at 70% LTV, 7.5% interest, long-term.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$267 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

R&D

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2002

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11

LAND SF

5,000

ZONING

R4-1

APN/PARCEL ID

04048-0001

ASK ABOUT THIS PROPERTY

Jakub NowakMarcus & MillichapMore Info
718-475-4353

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Jakub NowakMarcus & MillichapMore Info
718-475-4353

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