14-07 113th Street
Industrial | 14,000 SqFt
Marketing description
We are pleased to present 14-07 113th Street in College Point, Queens, a well-maintained office/warehouse building offering rare owner-user functionality in a tight Queens industrial submarket. The property is configured with approximately 14,000 SF of building area with an elevator to all four floors, including a 4,500 SF ground-floor warehouse with 20’ ceiling height, drive-in access, and a wide curb cut. The upper floors provide finished office space, outdoor deck/roof access, and a flexible layout suited to a headquarters, contractor, distributor, storage user, light manufacturer, or multi-tenant office/industrial strategy. The asset is offered at $3,200,000, or approximately $229/SF. Seller financing is available to qualified buyers at 70% LTV, 7.5% interest, long-term.
Investment highlights
- Elevatored, four-story office/industrial building in excellent condition
- 14,000 SF as-is — overbuilt above original as-of-right footprint; fully disclosed and priced accordingly at $229/SF
- Ground floor: 4,500 SF warehouse with 50-ft clear spans, 20-ft ceilings, drive-in gate, wide curb cut — ideal for distribution, storage, or light manufacturing
- Upper floors: 4,500 SF (2nd fl. office w/ deck) + 3,000 SF (3rd fl. office w/ roof deck access) + 1,500 SF (4th fl. office) — versatile owner-user or multi-tenant configuration
- Seller financing available: 70% LTV at 7.5% interest, long-term — no bank underwriting required
- Restoration option: seller will return property to its original as-of-right configuration prior to closing upon request
- College Point submarket: excellent access to major highways, LaGuardia Airport, and Flushing; strong demand, limited comparable supply (Whitestone Expressway, Long Island Expressway)
- Ideal for owner-users seeking a combined office/warehouse headquarters, or investors seeking a multi-use Queens asset. Powered with 800 amp 3-phase electric, two gas meters for heat and hot water
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