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32974411
32974412

80-12 51st Ave, Elmhurst, NY 11373

ZL
NY 10401315712
B SQUARE REALTY
Listed by B SQUARE REALTY
$2,800,000
11 days on market
Updated 6 days ago

80-12 51st Ave

Details
Property Type Office
Square Footage 5,300
Cap Rate 6.30%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Class A
Year Built 1961

Stand alone building w many potentials/uses

Marketing description

Freestanding commercial building located in Elmhurst, Queens, situated on a 5,300 square foot lot and zoned R4-1 with a C1-2 commercial overlay. Architectural plans have been prepared for a potential expansion of the building up to approximately 12,000 square feet. The structure may allow for construction of up to three stories plus a basement or cellar. According to existing zoning, the upper floors may accommodate residential or community facility space, while the ground floor and basement-totaling approximately 6,500 square feet-may be used for commercial purposes. All development potential and intended use should be verified by a licensed architect or professional. The existing building contains approximately 3,300 square feet of warehouse and office or showroom space. Recent upgrades include a new roof, new HVAC system, updated electrical panel, a sprinkler system, two roll-up doors, along with, and a renovated office space featuring interior glass separation and a private bathroom. The property is located near Queens Boulevard with convenient access to I-495, I-278, and I-678, as well as multiple subway lines (E,F, M, R), bus routes, and airports.
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ZL
NY 10401315712
B SQUARE REALTY
Listed by B SQUARE REALTY

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