MLS#1044470
STATUSActive
PROPERTY TYPECommercial - Industrial
SCHOOLQueens24
Property Description
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
Property Features
Property Type: Commercial - Industrial
Cooling: None
Heating: Baseboard
Taxes: $150,734
Feature Descriptions
Building Area Total: 27405
Business Type: Warehouse
Days on Site: 3
Exterior: Brick
On Market Date: 2026-08-28
Parcel Number: 00105-0001
Rental Term: Monthly
Sewer: Public Sewer
Utilities: Electricity Connected
Water: Public
Local Schools
School District: Queens24
Listed By / Shown By
Listing By
Agency Name: E Realty International Corp
Agency Contact: 718-886-8110
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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23-01 Borden Avenue | MLS# 1044470
This commercial property located at 23-01 Borden Avenue , Long Island City, NY 11101 is currently listed for sale with an asking price of $18,800,000. 23-01 Borden Avenue is located within the Queens24 school district. Search Long Island City real estate on www.coldwellbankerchoice.com today.