23-01 Borden Avenue

AN INTRODUCTION

A closer look.

Rare Long Island City industrial investment opportunity at 23-01 Borden Ave. This approximately 31,500 SF lot features a 27,405 SF warehouse/industrial building with approximately 175' x 180' lot dimensions. Zoned M3-2, the property is currently occupied by multiple tenants and offers existing rental income. Excellent location with convenient access to major transportation routes and Long Island City’s established commercial and industrial infrastructure. Ideal for investors seeking a well-located industrial/warehouse asset with long-term investment potential. Asking $18,800,000. Current cap rate approximately 3.27%. All uses and measurements are subject to verification and applicable zoning regulations