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

  • Owner-User Opportunity – Ideal for warehouse, showroom, and outdoor industrial users with immediate functionality.
  • Vacant at Closing – Building and yard delivered vacant for immediate owner occupancy.
  • In-Place Income – Partial rental income from Jungle Adventure through 2027 helps offset carrying costs.
  • 15,000 SF Industrial Yard – Rare improved outdoor storage and parking yard in the Whitestone/College Point market.
  • Value-Add Potential – Opportunity to lease vacant space and increase annual NOI.
  • Future Redevelopment Upside – Long-term retail repositioning potential on a visible, high-traffic commercial corridor.

OVERVIEW

CASH FLOWING WAREHOUSE — TENANTED WITH FAMILY ENTERTAINMENT BUSINESS Full-height warehouse with 40’ spans occupied by Jungle Adventure (family entertainment), approx. 4,200 SF. Lease thru 10/31/2027 at ~$11,400/month, with SF-prorated expense reimbursement. 5-year renewal option after the lease expires on 10/31/27. VACANT WAREHOUSE/SHOWROOM + OUTDOOR YARD Two-story warehouse/showroom (approx. 3,784 SF) plus the balance of the 15,000 SF lot as outdoor industrial yard, currently occupied by Dean Masonry Supply Inc. (property’s owner-user), who will vacate and deliver this component vacant at closing.

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

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.