50-25 35 STREET

For Sale - Queens - Long Island City


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Key Details

Property Type
Long Island City
Property Dimensions
115.0 x 101.0
Property Area
7,764 sq.ft.
Total Units:
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Price Per Unit
Cap Rate

Listing Description

The Nowak Group of Marcus & Millichap has been retained on an exclusive basis to arrange the sale of 50-25 35th Street.

The subject property is located in the Long Island City neighborhood of Queens, NY. 50-25 35th Street is a single-story warehouse building located on the corner of 35th Street and Queens-Midtown Expressway. The subject property is built 115 ft x 101 ft on a 152 ft x 128.94 ft M1-1 zoned lot (Block: 235 Lot:1). The building totals 11,700 square feet including a lower level space and features high ceilings, a loading bay, sprinkler system and heavy power.

50-25 35th Street 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 properties in Long Island City.

The purchaser can capitalize on the close proximity to major transport arteries and steady growth in commercial rents.

Property Details

Lot Dimensions
152.0 x 207.0
Lot Area
9,850 sq.ft
FAR as Built:
Max FAR:
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