35-11 GREENPOINT AVENUE

For Sale - Queens - Long Island City

$4,300,000

Net Operating Income: Contact Agent

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Key Details

Property Type
Industrial
Neighborhood
Long Island City
Property Dimensions
59.0 x 140.0
Property Area
16,292 sq.ft.
Total Units:
1
Stories:
2
NOI
Contact Agent
Price
$4,300,000
Price Per Unit
$4,300,000
Cap Rate
-%

Listing Description

Nowak Group of Marcus & Millichap has been retained on an exclusive basis to arrange the sale of 35-11 Greenpoint Avenue located in the Long Island City neighborhood of Queens, NY.

35-11 Greenpoint Avenue is a multi-story industrial building located on Greenpoint Avenue between Hunters Point Avenue and Queens-Midtown Expressway. The subject property is built 59 ft x 140 ft on a 61.92 ft x 140.85 ft M1-1 zoned lot (Block: 235 Lot: 24). The building totals 17,800 square feet and features a basement with wide column spacing.

35-11 Greenpoint Avenue is located right off the Long Island Expressway and Brooklyn Queens Expressway providing for an easy commute to Manhattan, Brooklyn or Eastern Long Island. Investors and owner-users have the opportunity to purchase a strategically located industrial property in Long Island City. The purchaser can capitalize on the close proximity to major transport arteries and steady growth in commercial rents.

Property Details

Block/Lot:
235/24
Lot Dimensions
61.92 x 140.85
Lot Area
8,650 sq.ft
Zoning:
M1-1
FAR as Built:
1.88
Max FAR:
2.4
Jakub NowakThe Nowak Group
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Sales & Transactions

AddressSale PriceSale DateProperty Type
38-29 9 STREET$7,005,00007/26/2018Industrial
NORTHERN BOULEVARD$2,000,00007/17/2018Industrial
27-19 THOMSON AVENUE$6,850,00007/03/2018Industrial
43-05 35TH STREET$5,100,00006/14/2018Industrial
38-45 9 STREET$10,150,00006/08/2018Industrial
11-52 44TH DRIVE$5,200,00005/31/2018Industrial
50-13 35TH STREET$4,700,00004/13/2018Industrial
27-10 49TH AVENUE$12,000,00004/10/2018Industrial
37-04 24TH STREET$3,000,00004/04/2018Industrial
37-29 32ND STREET$2,400,00004/02/2018Industrial