NY
Queens
Long Island City
11101
23-01 Borden Avenue
23-01 Borden Avenue, Long Island City, NY 11101
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Listing Type
Commercial/Industrial
Listing Status
Active
9
$18,800,000

Home Details for 23-01 Borden Avenue

Price
$18,800,000
Type
Commercial Sale
County
Queens
MLS Listing#
1044470
Property Description

Rare Long Island City industrial investment opportunity at 23-01 Borden Ave. This approximately 31,500 SF lot features a 27,405 SF warehouse/industrial building with approximately 175' x 180' lot dimensions. Zoned M3-2, the property is currently occupied by multiple tenants and offers existing rental income. Excellent location with convenient access to major transportation routes and Long Island City’s established commercial and industrial infrastructure. Ideal for investors seeking a well-located industrial/warehouse asset with long-term investment potential. Asking $18,800,000. Current cap rate approximately 3.27%. All uses and measurements are subject to verification and applicable zoning regulations

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Baseboard
  • Water Features
    • Public
  • Utilities
    • Electricity Connected
Listing Courtesy: E Realty International Corp - 718-886-8110
Presented by: Hsin Yuan Yang
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EXIT ALL SEASONS REALTY
65-46 Grand Ave, Maspeth, NY 11378
Office
718 416 4411
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