TWO PRIME COMMERCIAL BUILDINGS AND VACANT LOT IN COURT SQUARE LIC

4502 23 Rd Street, Long Island City, NY, 11101

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THIS IS A CORNER PROPERTY DIRECTLY ACROSS FROM CITI BANK AND CUNY LAW SCHOOL. GREAT PROPERTY FOR DEVELOPMENT.LOCATED ON A QUIET TREE LINED LAND MARKED BLOCK.

TOTAL LOT SIZE IS 50X90 WHICH INCLUDES TWO BUILDINGS ONE FOUR STORY BEING 7000 SQ
FT AND ONE TWO STORY 2500 SQ FT

BOTH BUILDING ARE COMPLETELY RENOVATED WITH CENTRAL A/C HEAT,NEW ROOFS AND WINDOWS. COMMERCIAL GRADE ELECTRICAL AND PLUMBING INCLUDING SPRINKLER SYSTEMS.

THERE IS AN ADJACENT EMPTY LOT OF 25X90.

ONE BUILDING HAS RETAIL SPACE ON THE GROUND AND THREE OFFICE SPACES ON TOP.

AN ADJACENT BUILDING IS TWO STORIES AND HAS TWO OFFICE SPACES.

ZONING M1-4/R6B/ LIC OMBUDSMEN AREA

FAR 2

BUILDING IS COMPLETELY RENTED WITH AN ANNUAL RENT ROLL OF 140,400.

LOT COLLECTS ANNUAL PARKING RENT OF 8,400.

THIS PROPERTY IS ZONED AS COMMERCIAL BUT CAN BE CONVERTED TO MIXED USE.

Listing Highlights

Amenities

  • Investment Property
  • Office Space
  • Professional Space
  • Retail

All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer. Exact dimensions can be obtained by retaining the services of a professional. All rights to content, photographs and graphics reserved to Modern Spaces.Modern Spaces represents the seller/owner on Modern Spaces’ own exclusives, except if another agent of Modern Spaces represents the buyer/tenant, in which case Modern Spaces will be a dual agent with designated agents representing seller/owner and buyer/tenant. Modern Spaces represents the buyer/tenant when showing the exclusives of other real estate firms. In all instances Modern Spaces treats all parties fairly and honestly. Modern Spaces actively supports equal housing opportunities.