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
Listing By
Agency Name: E Realty International Corp
Agency Contact: 718-886-8110
Shown By
Agent Name: Jacqueline Pollack
Agent Phone: (516) 319-4154
Agency Title: Coldwell Banker American Homes
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23-01 Borden Avenue | MLS# 1044470
This commercial property located at 23-01 Borden Avenue , Long Island City, NY 11101 is currently listed for sale with an asking price of $18,800,000. 23-01 Borden Avenue is located within the Queens24 school district. Search Long Island City real estate on www.homesbyjacki.com today.