31-31 48th Avenue Long Island City, NY 11101

29,250 Sq Ft One-story Industrial Building

Long Island City—Rare opportunity to purchase in a prime area

Property Overview

31-31 48th Avenue, Long Island City, Queens is a ideally located 29,250 Sq. Ft. industrial building site. Located minutes to Manhattan via the Queens Midtown Tunnel, 59th Street/Queensboro Bridge, blocks to the Long Island Expressway/Brooklyn-Queens Expressway, and easy access to major routes serving the boroughs of NYC and the tri-state metropolitan area.

This property is in an M1-4 zoning district, which allows for up to 2.0 FAR / 54,000 Sq. Ft. of industrial development and up to 6.5 FAR 175,000 Sq. Ft. for a community facility. This site is perfectly positioned to service the ever-growing demand for e-commerce, last-mile distribution, service companies, and the construction industry

Features

• 27,000 Ground Floor
• 2,250 Second Floor modern offices with:
  • HVAC
  • hardwood floors
  • 3-lavatories
• Prime Corner at 31st Pl and 48th Ave
• 8 Drive-in Doors
• 15’ Ceiling Height
• Ideal User/Investor
  • Occupy up to 20,250 with rental income
• Buildable Area
  • Commercial FAR 2 — 54,000
  • BSF Facility FAR 6.5 — 175,500 BSF
• Qualified Opportunity Zone
• New Carlisle Roof system–2021 carrying a 20 year warrantee for material and workmanship