Cushman & Wakefield Retained Exclusivley to Sell Industrial Building in Long Island City
Cushman & Wakefield has been retained on an exclusive basis to sell an industrial building at 51-05 34th Street, located between Bradley and Borden Avenues in the Long Island City neighborhood of Queens. The asking price is $1,100,000.
The three-story building contains approximately 2,647 square feet and sits on a 25’ x 100’ lot. Fully-built for warehouse, workshop, or office use, it is currently utilized as a woodworking shop. The property is located within close proximity to the Long Island Expressway and Greenpoint Avenue, making it a very short commute to both Brooklyn and Manhattan.
With the commercial tenant’s expiring lease, this offering provides a great opportunity for an owner-user to open a business on one of the best retail blocks in Brooklyn. Additionally, 8,000 residential units are slated for development on the Greenpoint Waterfront, which will lead to an increase in foot traffic on retail corridors in the years to come. The property is located less than a block from the Greenpoint Avenue G train station.
“This opportunity offers a fully functional workspace that would be a perfect fit for a company or individual looking to have a space in one of the hottest markets in Queens,” said Cushman & Wakefield’s David Chkheidze, who is exclusively marketing this property with Conrad Martin and Ilya Tolmasov.