3108 Northern Blvd - Showroom CONDO FOR SALE


Long Island City, NY 11101- LIC
$25,473,000 USD
917-451-1256
3108 Northern Blvd, Long Island City, NY for Sale
$25,473,000 USD
Showroom CONDO - FOR SALE
1/11
null | 4.5% Cap Rate

3108 Northern Blvd
Long Island City, NY 11101
LIC


HIGHLIGHTS

  • BRAND NEW 21-YEAR LEASE | 10% RENTAL INCREASES
  • INVESTMENT GRADE TENANT | CITY OF NEW YORK: AA (S&P)
  • WAREHOUSE/STORAGE SPACE FOR NYC’S DEPARTMENT OF TRANSPORTATION
  • 2022 CONSTRUCTION & RECENT RENOVATION
  • MISSION CRITICAL ASSET | NYC DOT
  • NYC MSA | LARGEST METRO AREA IN THE U.S.

OVERVIEW

Exclusively Listed By: William Brooks | Director | O: 917.451.1256 | C: 404.695.3515 | wbrooks@tradenetlease.com Camille Renshaw | CEO & Co-Founder | 646.770.0659 | crenshaw@tradenetlease.com

FOR SALE DETAILS

PRICE

$25,473,000 USD

PRICE/SF

$667 USD /SF

CAP RATE

4.5%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

38,210 SF

STORIES

9

BUILDING CLASS

B

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,474 SF

ZONING

M1-5

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

William BrooksB + EMore Info
917-451-1256

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William BrooksB + EMore Info
917-451-1256

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