133-05 32nd Avenue AKA 31-19/49 Higgins Street

Flushing, Queens, New York 11354

Ownership Requests Proposals

Listing ID Number

25543

Property Description

Cushman & Wakefield has been retained on an exclusive basis for the sale of 133-05 32nd Avenue, AKA 31-19 - 31-49 Higgins Street in Flushing, Queens.

133-05 32nd Avenue is an approximatley 51,000 square foot industrial / warehouse building currently fully-occupied by multiple tenants. A portion of the building is leased through 2019 and 2021 and the remainder of the building is leased on a month-month basis providing the opportunity for an owner/user to occupy the space.

This property allows for tremendous redevelopment potential. The site allows up to 105,444 buildable square feet for commercial development. This is an ideal location for a storage facility, multi-story office / flex building / warehouse, hotel, or community facility use.

This is a prime location with convenient access to transporation. The Whitestone Expressway is directly adjacent to the property with an exit / on ramp in close proximity. Downtown Flushing is located only a half mile south offering convenient access to the 7 subway train and the LIRR at Main Street.

Environmental reports, survey, and site plan are all available upon request. Property inspections are by appointment only, please inquire within.

Overview

Building Type:Commercial Buildings, Development/Conversion Sites, Industrial
Location:Flushing, Queens
Block/Lot:4405/1,5,9,10
Lot Dimensions:500' x 100'
Irr.
Lot Sq Ft:52,722
approx.
Buildable Sq. Ft:105,444
approx.
Commercial Units:10
Zoning:M2-1
FAR:2.0
Building Sq Ft:51,000
approx.
Building Dimensions:500' x 100'
approx.

Contact

For further information or inspection, please contact Exclusive Agents:

No Agents Found


Property Images

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Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.