58-97 57 STREET & 58-93 58 STREET

For Sale - Queens - Maspeth

$12,800,000

Net Operating Income: Contact Agent

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Key Details

Property Type
Industrial
Neighborhood
Maspeth
Property Dimensions
155.0 x 198.0
Property Area
30,000 sq.ft.
Total Units:
1
Stories:
1
NOI
Contact Agent
Price
$12,800,000
Price Per Unit
$12,800,000
Cap Rate
-%

Listing Description

B6 Real Estate Advisors has been retained on an exclusive basis to arrange for the sale of 58-97 57th Street & 58-93 58th Street. The subject properties are comprised of a block-through, single-story, ~30,000 SF warehouse building with a separate ~6,000 SF lot for parking. It is located on the east side of 57th Street between Flushing & Grand Avenues in the Maspeth neighborhood of Queens, NY

Property Highlights

- Property is leased until 10/1/2020 at $38,000/month

- 3 interior loading docks

- ~20’ Ceiling heights

- Electricity/Power – 4,000 amps

- Building is fully sprinklered

- In proximity to I-278 & I-495

Property Details

Block/Lot:
2622/102 & 37
Lot Dimensions
155.0 x 204.0
Lot Area
33,000 sq.ft
Zoning:
M1-1
FAR as Built:
1.0
Robert RappaB6 Real Estate Advisors
Contact Agent View Setup

Sales & Transactions

AddressSale PriceSale DateProperty Type
60-90 ELIOT AVENUE$3,250,00006/28/2018Industrial
55-05 FLUSHING AVENUE$4,497,07406/01/2018Industrial
58-100 56TH STREET$1,950,00004/26/2018Industrial
44-05 55TH AVENUE$3,240,00004/20/2018Industrial
MASPETH AVENUE$1,175,00003/29/2018Industrial
59-41 MAURICE AVENUE$6,670,97303/06/2018Industrial
56-16 56TH DRIVE$10,250,00002/27/2018Industrial
54-15 GRAND AVENUE$72,000,00001/30/2018Industrial
56-37 59TH STREET$2,025,00001/18/2018Industrial
49-29 METROPOLITAN AVENUE$13,800,00012/15/2015Industrial