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38-20 Review Ave

310,000 SF Vacant Industrial Building Long Island City, NY 11101 £114,551,446 (£370/SF) 2.28% Net Initial Yield

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38-20 Review Ave-v2

Property Facts

Price	£114,551,446	Rentable Building Area	310,000 SF
Price Per SF	£370	Number of Floors	2
Sale Type	Investment or Owner User	Year Built	1972
Net Initial Yield	2.28%	Parking Ratio	0.04/1,000 SF
Property Type	Industrial	Clear Ceiling Height	18 ft
Property Subtype	Warehouse	No. Dock-High Doors/Loading	8
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	3.67 AC

Price	£114,551,446
Price Per SF	£370
Sale Type	Investment or Owner User
Net Initial Yield	2.28%
Property Type	Industrial
Property Subtype	Warehouse
Building Class	C
Lot Size	3.67 AC
Rentable Building Area	310,000 SF
Number of Floors	2
Year Built	1972
Parking Ratio	0.04/1,000 SF
Clear Ceiling Height	18 ft
No. Dock-High Doors/Loading	8
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

Storage Space

Water - City
Sewer - City
Heating - Gas

About 38-20 Review Ave , Long Island City, NY 11101

Greiner-Maltz is pleased to offer for sale a 310,000 SF factory/ warehouse distribution facility, located on Review Avenue and Railroad Avenue. The property is fully occupied and generates excellent cash flow. Please inquire for pricing and financial detail. FEATURES • Located in Qualified Opportunity Zone • Modern fully renovated warehouse & offices • 50ft deep secure interior staging with 25 loading positions • 30ft x 50ft column spans • 24ft ceiling heights • Heavy floor load • Available rail • Executive parking

MAJOR TENANTS

Retailer
55,000 SF
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NEW YORK’S LUMBER SUPPLIER OF CHOICE SINCE 1965 At LeNoble Lumber, we’ve built a reputation of unparalleled quality, service, and expertise over the past 50 years and counting. Our clients rely on us to provide them with the widest selection of products and highest quality of materials, delivered promptly when it’s needed. With our vast inventory and large delivery fleet, LeNoble provides exceptionally fast service at competitive prices—a reason we’re known as the “FedEx of lumber yards.” We can deliver from Boston to Baltimore from our home base in Long Island City, NY, covering all of the New York, New Jersey and Connecticut tri-state area along the way. We also ship our moldings nationwide.