- Property consists of 39,550 sf of above-ground industrial space and a 19,700 sf + cellar for a total of 59,250 of usable space.
- The cellar and 2/3 of the ground floor are leased by a Wine Warehouse, who uses the cellar to store and lease out spaces for wine connoisseurs. There is about 14″ of concrete poured on all sides on the building which makes the cellar a perfect wine cellar.
- The cellar has 13′ ceilings, the first floor has 19.5′ ceilings, and the second floor has 15.5′ ceilings
- “The Vintage Wine Warehouse” pays a total of 460,000/year, which includes expenses as part of their NNN lease. Their lease expires in January 2023
- 1/3 of the ground floor (6,000 sf+) and the second floor (19,750 sf) are currently vacant and are available for lease at $18/ft for the first floor and $13.75/ft for the second. It includes 2 double interior loading docks and a freight elevator.
- Asking Price ~ $17,000,000
- Price Per Foot ~ $286
Cody Avenue Queens, NY 11385
$17,000,000.00
Details
- Property consists of 39,550 sf of above-ground industrial space and a 19,700 sf + cellar for a total of 59,250 of usable space.
- The cellar and 2/3 of the ground floor are leased by a Wine Warehouse, who uses the cellar to store and lease out spaces for wine connoisseurs. There is about 14″ of concrete poured on all sides on the building which makes the cellar a perfect wine cellar.
- The cellar has 13′ ceilings, the first floor has 19.5′ ceilings, and the second floor has 15.5′ ceilings
- “The Vintage Wine Warehouse” pays a total of 460,000/year, which includes expenses as part of their NNN lease. Their lease expires in January 2023
- 1/3 of the ground floor (6,000 sf+) and the second floor (19,750 sf) are currently vacant and are available for lease at $18/ft for the first floor and $13.75/ft for the second. It includes 2 double interior loading docks and a freight elevator.
- Asking Price ~ $17,000,000
- Price Per Foot ~ $286
Additional Information
| Asset Type | Warehouse/Industrial |
|---|---|
| City | Queens |
| Neighborhood | Ridgewood |
| Broker | Samuel Harouni, Elli Khafizov |
| Price | $ 17,000,000 |
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Development Opportunity on Wyse Avenue, Bronx.
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This is a development opportunity. Burger King franchisee will vacate; the seller has a negotiated number to buy out the tenant. The tenant would like to come back to the property and lease space if possible. Buyer has this option.
