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Warehouse

8-14 37th Ave

8-14 37th Ave, Queens, NY 11101

Listing Price: $4,200,000

Gross SF
11,244
Price/Gross SF
$373.53
Lot Size
0.11 acres
Year Built
1931
Rentable SF
11,244

Investment Overview

Marcus & Millichap has been retained on an exclusive basis to arrange the sale of an industrial and office property at 814 37th Avenue. The subject property is on 37th Avenue between 9th Street and Vernon Boulevard in the Long Island City neighborhood of Queens NY. 814 37th Avenue is a three-story, 11,244 square foot, office and industrial building (Block: 00358 Lot: 0020). The building is built 50 ft x 100 ft on a 50.04 ft x 100.08 ft lot. The second-floor office is 5,000 square feet with a kitchen area, executive offices and a conference room. The newly built 3rd floor satellite is approximately 1,244 Square feet. The subject site is located just 4-blocks north of the Queensboro/59th Street Bridge allowing for a 10–15-minute drive into Manhattan’s east side. The property is also surrounded by major traffic arteries including I-495 (Long Island Expressway), the Midtown Tunnel and the I-278 (BQE) allowing for easy access to the Bronx, greater Queens, Long Island and Brooklyn. The property is also a short walk from the “F” Subway train station at 21st Street. 814 37th Avenue allows for owner/users and investors to purchase a strategically located, industrial and office property within the rapidly growing Long Island City neighborhood. Since the property is located within a Qualified Opportunity Zone (QOZ) and Industrial Business Zone (IBZ), a new owner or a prospective tenant can take advantage of the unique tax benefits available within both of these zones.

Investment Highlights

  • 11,244 SF Industrial and Office Property
  • Column Free 14' Clean Ceiling Heights in Warehouse
  • Drive-In Door on 37th Avenue
  • Located within a Qualified Opportunity Zone (QOZ) and Industrial Business Zone (IBZ)
  • Located near the 21st Street - Queensbridge "F" Subway Station and the Vernon Boulevard/38th Avenue "Q102" and "Q103" Bus Stations
  • Located near Queensboro Bridge, Northern Boulevard, Roosevelt Island and Cornell Tech Campus

Exclusively Listed By

Warehouse

8-14 37th Ave

Listing Price: $4,200,000

Gross SF
11,244
Price/Gross SF
$373.53
Lot Size
0.11 acres
Year Built
1931
Rentable SF
11,244

Investment Highlights

  • 11,244 SF Industrial and Office Property
  • Column Free 14' Clean Ceiling Heights in Warehouse
  • Drive-In Door on 37th Avenue
  • Located within a Qualified Opportunity Zone (QOZ) and Industrial Business Zone (IBZ)
  • Located near the 21st Street - Queensbridge "F" Subway Station and the Vernon Boulevard/38th Avenue "Q102" and "Q103" Bus Stations
  • Located near Queensboro Bridge, Northern Boulevard, Roosevelt Island and Cornell Tech Campus

Investment Overview

Marcus & Millichap has been retained on an exclusive basis to arrange the sale of an industrial and office property at 814 37th Avenue. The subject property is on 37th Avenue between 9th Street and Vernon Boulevard in the Long Island City neighborhood of Queens NY. 814 37th Avenue is a three-story, 11,244 square foot, office and industrial building (Block: 00358 Lot: 0020). The building is built 50 ft x 100 ft on a 50.04 ft x 100.08 ft lot. The second-floor office is 5,000 square feet with a kitchen area, executive offices and a conference room. The newly built 3rd floor satellite is approximately 1,244 Square feet. The subject site is located just 4-blocks north of the Queensboro/59th Street Bridge allowing for a 10–15-minute drive into Manhattan’s east side. The property is also surrounded by major traffic arteries including I-495 (Long Island Expressway), the Midtown Tunnel and the I-278 (BQE) allowing for easy access to the Bronx, greater Queens, Long Island and Brooklyn. The property is also a short walk from the “F” Subway train station at 21st Street. 814 37th Avenue allows for owner/users and investors to purchase a strategically located, industrial and office property within the rapidly growing Long Island City neighborhood. Since the property is located within a Qualified Opportunity Zone (QOZ) and Industrial Business Zone (IBZ), a new owner or a prospective tenant can take advantage of the unique tax benefits available within both of these zones.

Exclusively Listed By

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