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Office For Sale • 60,000 SF
| 60,622 SF fully leased office/flex building in College Point, Queens across 36 tenants |
| 41,457 SF office and ±19,165 SF industrial/flex across four-story building |
| Stable cash flow supported by annual rent escalations and strong tenant diversification |
| Below-market rents provide significant mark-to-market upside as leases roll to market |
| 62,006 SF lot zoned M2-1 (2.0 FAR) with ~124,000 SF buildable potential |
| 63,000 SF unused development rights with potential air rights sale to adjacent owners |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Craftwell | ||
| DTS Digital Fire Alarm | ||
| Elite Amenity Management | ||
| Entro | ||
| Global Trade Electronic Inc | ||
| HD Hvac of Ny | ||
| Nextcom Construction Inc | ||
| Peter Plumbing | ||
| Sen Mart International, Inc | ||
| TatiHair |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Flushing-Main Street Station (Port Washington Branch - Long Island Rail Road) | 5 min | - | 1.8 mi |
| Mets-Willets Point Station (Port Washington Branch - Long Island Rail Road) | 8 min | - | 2.6 mi |
| Airport | Drive | Walk | Distance |
| LaGuardia | 9 min | - | 3.6 mi |
| John F Kennedy International | 15 min | - | 11.2 mi |
| Newark Liberty International | 39 min | - | 25.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 85 |
| Type: | Surface |
| Included in Rent: | Yes |
Charles Turbak
G.E. Grace & Company, Inc.
