54-14 74 STREET

For Sale - Queens - Elmhurst

$6,900,000

Net Operating Income: Contact Agent

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Key Details

Property Type
Office Building
Neighborhood
Elmhurst
Property Dimensions
50.25 x 75.0
Property Area
23,000 sq.ft.
Total Units:
3
Stories:
5
NOI
Contact Agent
Price
$6,900,000

Listing Description

JLL has been retained on an exclusive basis to sell 54-14 74th Street,a vacant, five-story, new-construction office building in Elmhurst, Queens.

The ground floor garage has 21-car parking spaces, retrofitted with a heating system and steel hydraulic lifts; finished basement, complete with a computer grade HVAC system, suited for office space. Sub-basement that contains three fuel tanks and a two-tank, water filtration system.

Floors 2-4 are approximately 3,750 square feet each with their own separate gas meter. The 5th floor is approximately 3,000 SF with 750 SF private terrace.

ICIP Tax Abatement ends 2025.

Property Details

Block/Lot:
2803/28
Lot Dimensions
50.25 x 75.0
Lot Area
3,750 sq.ft
Zoning:
M1-1
FAR as Built:
5.94
Max FAR:
2.4
(Lou) Luis V. Briones, Jr.JLL
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Sales & Transactions

AddressSale PriceSale DateProperty Type
83-21 57TH AVENUE$1,325,00005/18/2018Office Building
75-01 BROADWAY-02/02/2016Office Building
40-20 76TH STREET$8,960,00012/22/2015Office Building
40-42 82ND STREET-05/20/2015Office Building
87-10 QUEENS BOULEVARD-05/20/2015Office Building