{"id":7260,"date":"2017-03-27T08:46:24","date_gmt":"2017-03-27T08:46:24","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=7260"},"modified":"2026-06-04T15:01:59","modified_gmt":"2026-06-04T12:01:59","slug":"kaymac-selling-queens-coca-cola-site","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/kaymac-selling-queens-coca-cola-site\/","title":{"rendered":"Maspeth, Queens Coca-Cola Bottling Site for Sale"},"content":{"rendered":"

New York-based Kaymac Corp. has contracted Pinnacle Realty to market its property at 59-02 Borden Ave.<\/p>\n

The 7-acre site is located right off the Queens Midtown Expressway and houses a 202,000-square-foot mixed-use industrial\/office facility that is triple-net-leased to the Coca-Cola Bottling Co.<\/p>\n

According to The Real Deal<\/em>, the lease expires in three years and the property is being marketed as a potential new development opportunity on the growing Queens commercial real estate market<\/a>.<\/p>\n

The PropertyShark-aggregated city data regarding 59-02 Borden Ave. shows that the building houses 12,545 square feet of office space and 189,505 square feet of factory\/manufacturing space, with a total allowed usable floor area of 316,200 square feet – that leaves almost 114,000 square feet yet to be developed.<\/p>\n

TRD<\/em> sources that are familiar with the site expect that the property could sell for upwards of $70 million.<\/p>\n

Coca-Cola also has a presence on the New York City office market<\/a> – the soda manufacturer owns the 313,000-square-foot office building at 711 Fifth Ave and leases<\/a> two floors at the 28-story building at 261 Madison Ave.<\/p>\n

\"propertyshark<\/a>

Location of 59-02 Borden Ave (PropertyShark parcel map)<\/em><\/p><\/div>\n

Looking for the perfect space for your business? Head over to CommercialCafe<\/a> and start your search!<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The Maspeth facility is triple-net-leased to the Coca-Cola Bottling Co. and incorporates nearly 13,000 square feet of Queens office space, in addition to a more sizeable industrial component. <\/p>\n","protected":false},"author":48,"featured_media":12920,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[37,38,41,93,39],"tags":[],"class_list":["post-7260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-deals","category-industrial","category-mixed-use","category-office","wpautop"],"acf":[],"yoast_head":"\nCoca-Cola Bottling Building in Queens Up for Sale | CommercialCafe<\/title>\n<meta name=\"description\" content=\"Kaymac Corporation has put their 59-02 Borden Ave site up for sale. 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