$18,800,000
23-01 Borden Avenue
Long Island City, NY 11101
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Listing narrative
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 Details
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Price
$18,800,000
Beds
Beds n/a
Type
House
Home Size
Sqft n/a
Baths
Baths n/a
Year
Year n/a
Status
For Sale
Days on Market
49
Verified property data
Value, tax & last recorded sale
Estimated home value
Not available
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Public records are available on the full property page.
No record values are inferred or fabricated.
Full MLS property history
Confirmed unavailable from Atlas — listing-feed integration required for listing, relisting, price-change, status, pending, sold, withdrawn and expired events.
Courtesy of E Realty International Corp
