Cody Avenue Queens, NY 11385

Cody Avenue Queens, NY 11385

$17,000,000.00

  • 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

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

Map

 

Get in Touch for More Details

    Name (required)
    Message
    Yes, I would like to receive listing updates from Asset Commercial Realty Group.

    Our strong relationships with national retailers & office tenants, the broader real estate community, brokers, contractors, architects, engineers, attorneys, and local municipalities offer significant benefits to property owners. We're proud to provide the most comprehensive investment sales, leasing, and property management services across Metropolitan New York and Long Island.

    Contact Info

    215-15 Northern Boulevard,
    3rd Floor
    Bayside, NY 11361

    Phone: 646.586.2091

    Fax: 646.767.6790

    Web: www.assetcrg.com