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4310 21st St

43,700 SF 100% Leased Industrial Building Long Island City, NY 11101 $21,262,050 CAD ($487 CAD/SF)

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Investment Highlights

22,800 square foot lot, 40,400 square foot building
Two-story, built in 1931, dimensions 95 x 240 feet, 13.5-foot ceilings with strong mushroom columns
Roll-up gates on 21st Street and 43rd Avenue for easy loading

M1-4, within the current study area for rezoning for high FAR or possible residential zoning.
Corner lot, 4 spaces of 10,000 square feet each of tenant space, freight elevator, disable person lift, roof sign for branding
Near 59th Street Bridge, easy access to Manhattan, Queens, and Brooklyn Queens Expressway, close to booming residential towers.

Executive Summary

Marcus & Millichap and Pinnacle Realty are exclusively co-listing the sale of 43-10 21st Street, a prime industrial property located at the southwest corner of 21st Street and 43rd Avenue in Long Island City, NY. This property is built on a 22,800 square foot corner lot with a two-story, 40,400 square foot building built in 1931. The building features dimensions of 95 x 240 feet, 13.5-foot ceilings with strong mushroom columns, a freight elevator, car parking and 10,000 square feet of vacant tenant space.
The location offers ease of access for shopping with roll-up gates on both 21st Street and 43rd Avenue, and the property runs along these two-way streets. Additionally, there is a sign on the roof for personal business branding. Located just south of the 59th Street Bridge, the property provides easy access to Manhattan, Queens, and the Brooklyn via the Brooklyn Queens Expressway. It is also near booming residential development, making it ideal for potential retail conversion on the ground floor. The property is in the current study area for rezoning for high FAR, and the current tenants cycle out between 2026 and 2027.

Marketing Brochure/Flyer

Property Facts Under Contract

Price	$21,262,050 CAD	Rentable Building Area	43,700 SF
Price Per SF	$487 CAD	No. Stories	2
Sale Type	Investment	Year Built	1931
Property Type	Industrial	Parking Ratio	0.12/1,000 SF
Property Subtype	Warehouse	Clear Ceiling Height	13 ft 6 in
Building Class	C	No. Drive In / Grade-Level Doors	1
Lot Size	0.52 AC

Price	$21,262,050 CAD
Price Per SF	$487 CAD
Sale Type	Investment
Property Type	Industrial
Property Subtype	Warehouse
Building Class	C
Lot Size	0.52 AC
Rentable Building Area	43,700 SF
No. Stories	2
Year Built	1931
Parking Ratio	0.12/1,000 SF
Clear Ceiling Height	13 ft 6 in
No. Drive In / Grade-Level Doors	1