9-03 44th Road, Long Island City, NY, USA

Long Island City, Queens

Asking Price $37,800,000 Projected Cap Rate7.4%

Google Map

Block / Lot

324 / 32

Gross Lot SF

42,300 SF (approx.)

Gross Building SF

86,562 SF (approx.)

Rentable SF

91,134 SF (approx.)

Property Type

Industrial / Flex

Asset

Leasehold

Zoning

M1-4

99-year ground lease inclusive of a 25-year IDA tax exemption with the permanent CO delivered in 2021
Three-story newly constructed industrial-flex and office building that spans an entire city block
Ideal mix of credit and regional tenancy with varying lease terms