32-32 Linden Pl - Industrial FOR SALE


Flushing, NY 11354- Downtown Flushing
$6,000,000 USD
516-629-2610
32-32 Linden Pl, Flushing, NY for Sale
$6,000,000 USD
Industrial - FOR SALE
1/7
null | 4.42% Cap Rate

32-32 Linden Pl
Flushing, NY 11354
Downtown Flushing


HIGHLIGHTS

  • Rare opportunity to acquire a sizable, income-generating commercial site in one of Queens’ most dynamic neighborhoods.
  • Excellent M1-1 zoning provides strong as-of-right flexibility for light industrial, commercial, office, hotel, retail, and service uses.
  • Significant redevelopment potential for mixed-use, higher-density commercial, or residential conversion.
  • Large lot supports substantial new construction or expansion.
  • Established tenant provides immediate cash flow while new owner pursues value-add or ground-up redevelopment.

OVERVIEW

Stabilized Income-Producing Commercial Property with Strong Redevelopment Upside • Rental Income: $22,115/month ($265,380 annualized) • Building Size: 15,376 SF • Lot Size: 15,625 SF (125’ × 125’) • Zoning: M1-1 (Light Manufacturing) • Year Built: 1959 | 1 Story | 1 Unit • Current Use: Auto body / collision repair (G2) — fully operational and income-producing • Cap Rate: ˜4.42% (going-in, based on current income) Location Advantages Strategically located in the heart of Flushing, a rapidly growing “Second Chinatown” with robust commercial activity, diverse demographics, and excellent transit access (7 train and proximity to LIRR). The area continues to attract significant investment and rezoning activity that supports higher-intensity development. Investment Profile Ideal for developers, investors, and owner-users seeking a turnkey income asset with substantial long-term upside in a high-demand Queens submarket. The combination of current rental income and redevelopment flexibility makes this a compelling opportunity in a location with proven buyer demand.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$390 USD /SF

CAP RATE

4.42%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36

LAND SF

15,625

ZONING

M1-1

APN/PARCEL ID

04950-0072

ASK ABOUT THIS PROPERTY

Joseph FabrizioJoseph FabrizioMore Info
516-629-2610

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Joseph FabrizioJoseph FabrizioMore Info
516-629-2610

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