3809 24th St | Long Island City, NY 11101
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3809 24th St
Long Island City, NY 11101
Industrial Property For Sale
Investment Highlights
- Great Location in the heart of Long Island City
- Perfect for redevelopment
- Property Values increasing over 5% per year
- Easy Access to Subways & Mass Transit
- 2 Additional Stories can be added to this building making it perfect for mixed use
- Currently being used as a Auto Body Shop & Leased for $7,000 per month.
Executive Summary
Great location located in the heart of Long Island City minutes from NYC. Easy access to subways and mass transit. Vibrant growing community. Perfect for redvelopment, 2 stories can be added to the builing making it perfect for mixed use. Properties values increasing over 5% per year. Currently being used for auto-body shop & leased for $7,000 per month. There are five years remaining with 4% per years increases per year, plus taxes starting base from $20,000.00.
PROPERTY FACTS
| Sale Type | Investment | Number of Floors | 1 |
| Property Type | Industrial | Year Built | 1930 |
| Property Subtype | Service | Tenancy | Single |
| Building Class | C | Level Access Doors | 1 |
| Lot Size | 0.12 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 5,000 SF |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.12 AC |
| Rentable Building Area | 5,000 SF |
| Number of Floors | 1 |
| Year Built | 1930 |
| Tenancy | Single |
| Level Access Doors | 1 |
| Opportunity Zone |
Yes |
About 3809 24th St , Long Island City, NY 11101
Currently leased $7,000 per month, 5 years remaining with 4% per years increases per year, plus taxes starting from $20,000. Great location minutes from NYC, great access to subways & mass transit. Perfect for redevelopment. 2 stories can be added to building. Currently being used as an auto body shop.
PROPERTY TAXES
| Parcel Number | 00388-0008 | Improvements Assessment | £100,903 |
| Land Assessment | £124,792 | Total Assessment | £225,695 |
PROPERTY TAXES
Parcel Number
00388-0008
Land Assessment
£124,792
Improvements Assessment
£100,903
Total Assessment
£225,695
zoning
| Zoning Code | M1-2 (Garage 1 Stry Semi-Fireproof) |
| M1-2 (Garage 1 Stry Semi-Fireproof) |
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