37-02 10TH ST, #LAND

$11,500,000

Price [Calculator]

ID #: 137506
Property Type: Land
Approx. Size: 20,000 SqFt


Building & Unit Features


100,000 Sq. Ft. Development Site For Sale!

20,000 Sq. Ft. corner lot. Can be delivered vacant for immediate development up to 100,000 Sq. Ft.
Primary Zoning: M1-3; FAR: 5

Corner lot with existing shell has a terrific potential where the upcoming New York City High Tech Hub is already taking shape. Currently hosting two commercial tenants in a month to month basis and could be delivered vacant if requested.

Location. - It’s located just across the East River between Queens Plaza North (Ed Koch Queensboro Bridge at 59th St.) and the Tech Hub at Roosevelt Island, surrounded by the upcoming massive residential, Hotels and Commercial developments in Long Island City that will reshape the City of New York.

>> Call in for more information: Marco Ascazubi 917-279-1206
Building Code: F-2 (Factory, Special Construction-Fire Proof)

Block: 00359 ; Lot: 21
Building Size: 20,000 Sq. Ft. (20’ ceiling)

INVESTMENT SUMMARY:
Asking Price: $12,500,000 ($125/sf. Buildable)
Term: All cash at closing

CAP Rate:
Current: N/A

Current Use Description:
Cellar: Storage
First Floor: Automobile Repair Shop
Tool and Hardware Manufacturer
Paper Wood Products
Wood Products Manufacture

>> Call in for more information: Marco Ascazubi 917-279-1206

Listing Agent





Map


Nearby Subways

  • F ~0.38 mi. to 21st St & 41st Ave
  • 7 N Q ~0.63 mi. to 41-41 Crescent Street
  • N Q ~0.67 mi. to 31st St & 36th Ave
  • E M R ~0.75 mi. to Northern Blvd & 41st Ave
  • E G M ~0.84 mi. to 21st St & 44th Ave