34-26 31St StQueens, NY 11106

For Sale
$1,900,000
1-Story, 2,000 SF Manufacturing Building, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional Class A manufacturing property, located at 34-26 31st Street in Queens, NY 11106, presents a compelling investment opportunity. The 2,000 square foot building, constructed in 1920 and renovated in 1987, sits on a 2,000 square foot lot and boasts a 13-foot ceiling height. Currently 100% occupied under a gross lease with a single tenant since May 1, 2023, with five years remaining on the lease, this stabilized investment offers a strong return. The property features one dock-high door, is zoned M1, and benefits from a prime location with excellent street exposure. The asking price is $1,900,000, translating to $950 per square foot. This single-unit building offers a rare opportunity to acquire a well-maintained, strategically located manufacturing space in a thriving Queens neighborhood. The property's strong tenancy and desirable features make it an ideal addition to any investment portfolio.

Highlights

  • Prime location in a high-traffic area.
  • Flexible-use warehouse/retail space ideal for multiple business types.
  • High visibility with excellent street frontage on 31st Street.
  • Additional properties available upon request.

Property Details for 34-26 31St St

Property type
Retail properties, Office properties
Square Feet
2,000 SF
Class
A
Year Built/Renovated
1920/1987
Buildings
1
Stories
1
Units
1

Location Insight

City
Queens
County
Queens
State
New York
Latitude
40.75902271
Longitude
-73.92776619
34-26 31St St, Queens, New York

FAQs

What type of property is this?
Retail property - 1-Story, 2,000 SF Manufacturing Building, 100% Occupied
Where is the retail property located?
The property is located at 34-26 31St St Queens, NY.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Prime location in a high-traffic area.; Flexible-use warehouse/retail space ideal for multiple business types.; High visibility with excellent street frontage on 31st Street.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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34-26 31St St
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