14 Nov, 2019
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JLL has been retained on an exclusive basis to sell 54-14 74th Street, NY 11373 a vacant, five-story, new-construction office building in Elmhurst, Queens.
The building’s ground level has space for a 21-car parking garage retrofitted with a heating system and steel hydraulic lifts. Below the garage is a carpeted, finished basement, complete with a computer-grade HVAC system, which is suited for office space. Additionally, there is a sub-basement that contains three fuel tanks and a two-tank, water filtration system.
The offices on the second, third and fourth floors are approximately 3,750 square feet. Each floor has its own separate gas meter, 10-15 ton HVAC system and 200 AMP-electrical panels with sub-metering. The fifth floor, also designed for office use, is approximately 3,000 square feet with a 15 ton HVAC system and a large private terrace with views of the surrounding neighborhood. The subject property also benefits from an ICIP tax abatement, which ends in 2025.
With proximity to the R & M train stop at Grand Avenue-Newton Station, the Q58 bus route along Grand Avenue and the Long Island Expressway, 54-14 74th Street is accessible via multiple points of transportation.
FREQUENTLY ASKED QUESTIONS
What is the total square footage of 54-14 74th Street?
54-14 74th Street totals 23,000 square feet.
When was this property built?
54-14 74th Street was built in 2008.