47-51 33rd St - Manufacturing FOR SALE


Long Island City, NY 11101- LIC
$29,000,000 USD
718-475-4348
47-51 33rd St, Long Island City, NY for Sale
$29,000,000 USD
Manufacturing - FOR SALE
1/9
null | Request Cap Rate

47-51 33rd St
Long Island City, NY 11101
LIC


HIGHLIGHTS

  • Size: 36,750 square foot lot, 83,000 square foot building
  • Building: Three-story L-shaped, built in 1943, outward dimensions 175 x 200 feet, predominantly 12.0-foot ceilings with concrete floorplates and mushr
  • Access: One loading dock and five roll-up gates on 33rd Street, Two gates on 48th Ave and Two 2nd floor gate 34th Street, creating exceptional ease of
  • Features: block-end 36,775 SF lot covering two corners of 48th Ave inclusive of 33rd St and 34th St, 5,775 sq ft of outdoor industrial space currently
  • Location: Long Island City, in the Sunnyside section, near 59th Street Bridge, easy access to Manhattan, Queens, and Brooklyn Queens Expressway, close
  • Zoning: M1-4

OVERVIEW

Vacant three-story industrial property with loading gates on two floors. 83,000 sq ft (indoor); 5,700 sq ft (outdoor) on a 36,775 sq ft lot. Originally built to high industrial standards in 1943 for wartime munitions distribution, the property remains adaptable for various uses, including industrial production, warehousing, or redevelopment. Most of property features 13 ft ceilngs (clear height) and 20' mushroom column spans. Property features a brand new gas-and-oil boiler, three phase electric, windows and roofs that were recently replaced and sprinklers throughout, with additional potential for further optimization. The site features strategic accessibility in an area with significant industrial activity and strong transportation links to Interstate highways, Manhattan and Brooklyn.

FOR SALE DETAILS

PRICE

$29,000,000 USD

PRICE/SF

$341 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Showroom, Warehouse

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1943

UTILITIES

Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

13 Ft

DOCKS

7

DRIVE INS

1

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.84

LAND SF

36,752

ZONING

M1-4, Queens (F1)

APN/PARCEL ID

00251-0001

ASK ABOUT THIS PROPERTY

Jakub NowakMarcus & MillichapMore Info
718-475-4348

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

Jakub NowakMarcus & MillichapMore Info
718-475-4348

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