149-13 14th Ave - Warehouse FOR SALE


Whitestone, NY 11357
$5,200,000 USD
718-475-4353
149-13 14th Ave, Whitestone, NY for Sale
$5,200,000 USD
Warehouse - FOR SALE
1/7
null | Request Cap Rate

149-13 14th Ave
Whitestone, NY 11357


HIGHLIGHTS

  • 3,800 SF of Vacant Industrial Space, Delivered at Closing
  • 9,000 SF of Vacant Outdoor Industrial Yard
  • Prime 14th Avenue Corridor Location
  • Partial In-Place Income
  • Owner-User or Investor Play
  • Long-Term Redevelopment Upside

OVERVIEW

VACANT NOW: 3,800 SF Warehouse/Showroom + 9,000 SF Outdoor Industrial Yard The property's owner-user component — a two-story warehouse/showroom of approximately 3,800 SF plus roughly 9,000 SF of outdoor industrial yard — will be delivered fully vacant at closing. This is a rare opportunity to control functional indoor and outdoor industrial space on Whitestone's busiest retail corridor. PARTIAL INCOME IN PLACE The balance of the building (4,200 SF) is leased to Jungle Adventure, a family entertainment operator, through 10/31/2027 at approximately $11,400/month plus SF-prorated expense reimbursement, with a 5-year renewal option.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$650 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Storefront Retail/Office, Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1945

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34

LAND SF

15,000

ZONING

R3-2, R2, C2-2

APN/PARCEL ID

04505-0053

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.