212-376-5450
2544 Borough Pl, Woodside, NY for Sale
Warehouse - FOR SALE
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2544 Borough Pl
Woodside, NY 11377


OVERVIEW

Jones Lang LaSalle (“JLL”) has been retained on an exclusive basis to arrange the sale of 25-44 Borough Place (the “Property”), a 60,000 square foot industrial facility located in the highly coveted industrial pocket of Woodside, Queens with immediate proximity to LaGuardia Airport. The Property features 36,000 sq. ft. of open ground floor warehouse space with ceiling heights ranging from 15 to 50 feet, 4 interior loading docks, 2 exterior loading docks, all with trailer access. The building is further supported by 12,000 sq. ft. of second floor office space and 12,000 sq. ft. of underground parking. Additionally, 25-44 benefits from an easement with Amtrak for 9,162 sq. ft. along 50th Street. The Property is 100% leased to Super-Tek Products, a subsidiary of Sika Group, which carries investment grade credit (A-) with approximately 6.7 years remaining on its lease through November 2032. The ground floor is currently subleased to Sylvan Cabinetry through November 2032 as well.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

UTILITIES

Water, Sewer

CLEAR CEILING HT

-

DOCKS

6

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.68

LAND SF

29,581

ZONING

M1-1

APN/PARCEL ID

01017-0065

ASK ABOUT THIS PROPERTY

212-376-5450

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212-376-5450

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