42-23 12th Street

For SaleContact for pricing

38-42 12th Street, Queens, NY 11101

  • Industrial

42-23 12th Street, Queens, NY 11101 - Industrial Space

42-23 12th Street is located at 38-42 12th Street in the LIC neighborhood, NY, Queens, 11101. The Industrial building features a total of 20,000 Sqft.

There are 20 industrial spaces for lease in the LIC neighborhood, totaling 191,873 Sqft of available industrial space. The industrial space availability for the 11101 zip code is 661,344 Sqft, in 55 industrial spaces. The average asking industrial rent per sq. ft. in LIC is $28.03/sqft/year. For Class B industrial buildings the average industrial rate is $23.75/sqft/year.

In LIC, there is 1 class A industrial building, there are 19 class B industrial buildings, there are 21 class C industrial buildings. At zip code level, there are 148 commercial properties, of which 74 are industrial buildings over 50,000 square feet.

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Nearby Properties

Details

  • Sale Price Contact for pricing
  • City Queens
  • Neighborhood LIC
  • Zip Code 11101
  • Market Queens
  • Property Type Industrial
  • Property Size 20,000 Sqft
  • Lot Size 17,000 Sqft
  • Property Tenancy Multi-Tenant
  • Date Updated 16 Dec, 2019

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Description

Greiner-Maltz is exclusively obtained by ownership to offer for sale 42-23 12th Street, a prime block through warehouse in Long Island City, Queens. The property consists of 17,000 SF warehouse and 3,000 SF mezzanine office. Approximately 15,225 SF will be delivered vacant. 4,775 SF is leased at $89,115 per annum (lease expiration 10/22). This offering presents an opportunity for an owner-user or investor. The property benefits from it’s close proximity to major transit. Nearby Silvercup Studios, Z NYC Hotel, and Rolex.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 42-23 12th Street?

42-23 12th Street totals 20,000 square feet.

Lic Demographics

The average household income in zip code 11101 is $114,060, from a total of 13,896 households. In terms of employment, there are 90.54 % white-collar and 9.46 % blue-collar jobs in zip code 11101.

Population

  • Total Population34,369
  • Male Population(48.6 %) 16,704
  • Female Population(51.4 %) 17,666
  • Median Age35.00

Income/Financial

  • Average Household Income$102,847
  • Median Household Income$72,056
  • Median Income Under 25$50,726
  • Median Income 25-44$107,874
  • Median Income 45-64$57,684
  • Median Income Over 65$25,151

Attachments

Commercial Broker Register now to add listings

Eitan Agbashoff

Greiner-Maltz

(718) 786-5050

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