4601 28th Ave - Manufacturing FOR SALE


Astoria, NY 11103- Downtown Astoria
$3,500,000 USD
617-851-4297
4601 28th Ave, Astoria, NY for Sale
$3,500,000 USD
Manufacturing - FOR SALE
1/7
null | Request Cap Rate

4601 28th Ave
Astoria, NY 11103
Downtown Astoria


HIGHLIGHTS

  • Convenient access to Grand Central Parkway, Midtown Tunnel, and Queensboro Bridge, ensuring excellent regional connectivity.
  • Existing 4,500-square-foot warehouse delivered vacant, well-suited for immediate industrial use.
  • Potential for 7,425 buildable square feet, with zoning allowing up to seven residential units.
  • Two-street frontage provides superior access and visibility for both commercial and residential positioning.
  • Equipped with 400 AMP electrical service, gas heating, and a curb-cut bay door for functional operations.
  • Located close to LaGuardia Airport and extensive MTA subway and rail lines serving Manhattan and Long Island.

OVERVIEW

Rare Corner Warehouse & Development Opportunity at 46-01 28th Avenue, a rare opportunity to acquire a vacant, clear-span warehouse situated on a prominent 4,500 square foot corner lot in the heart of Astoria. The property consists of a 4,500 square foot light manufacturing building with two street frontages, a curb cut, interior loading access, 14'4" ceiling heights, 400-amp electrical service, gas service, and an existing office component with HVAC. Delivered vacant, the property is ideally suited for owner-users seeking warehouse, contractor, storage, distribution, showroom, auto garage, or light manufacturing space.In addition to its functionality as an industrial asset, the property offers compelling residential redevelopment potential. Located within an R5 zoning district, the site benefits from a maximum FAR modification of 1.65, allowing for approximately 7,425 buildable square feet and the potential for up to seven residential units, subject to independent verification and approvals. Zoning study is available. Strategically positioned near LaGuardia Airport and providing immediate access to the Grand Central Parkway, BQE, Long Island Expressway, Midtown Tunnel, Queensboro Bridge, and multiple subway lines, 46-01 28th Avenue offers exceptional connectivity to Manhattan, Brooklyn, the Bronx, Long Island, and New Jersey. Whether pursued as an owner-user acquisition, investment property, or future redevelopment opportunity, 46-01 28th Avenue represents a unique chance to acquire a highly functional industrial asset in one of Queens' most established and supply-constrained neighborhoods. Highlights: 4,500 SF warehouse building on corner lot Clear-span warehouse layout 14'4" ceiling heights One bay door with curb cut and interior loading access 400 AMP electrical service Gas service and gas heat Office space with HVAC Two street frontages (50' x 90') R5 zoning Up to 7,425 buildable SF & Potential for up to 7 residential units *Convenient access to major highways, airports, and public transportation *All development potential is subject to purchaser's independent due diligence and verification.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$778 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Auto Repair, Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

13.083333333333334 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1

LAND SF

4,500

ZONING

R5

APN/PARCEL ID

00730-0007

ASK ABOUT THIS PROPERTY

Quinn FerreeBrown Harris Stevens Residential Sales, LLCMore Info
617-851-4297

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Quinn FerreeBrown Harris Stevens Residential Sales, LLCMore Info
617-851-4297

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