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Investment Highlights
- DELIVERED VACANT
- REAL ESTATE TAXES: $44,081
- 10,000 SF BUILDING
- SMALL-BAY INDUSTRIAL
- DRIVE-IN DOOR
- 21,600 BSF
Executive Summary
Cushman & Wakefield has been exclusively retained to offer for sale 18–20 Decatur Street, a ±10,000 square foot industrial building on a ±10,800 square foot lot in Ridgewood, Queens. The property will be delivered vacant, providing a rare opportunity to acquire functional small-bay industrial product in one of New York City’s most supply-constrained submarkets.
The asset is located within an M1-4D zoning district, offering approximately ±21,600 buildable square feet and clear potential for expansion or redevelopment. The existing improvements include a highly efficient layout with grade-level access via a drive-in door, along with rear adjacency to the freight rail line, supporting a wide range of industrial, storage, and last-mile
distribution uses.
Demand for small-format industrial assets in Queens remains strong, driven by limited supply, high barriers to entry, and continued growth in urban logistics. 18–20 Decatur Street presents a compelling opportunity to acquire a well-located, vacant asset with immediate usability and long-term upside.
The asset is located within an M1-4D zoning district, offering approximately ±21,600 buildable square feet and clear potential for expansion or redevelopment. The existing improvements include a highly efficient layout with grade-level access via a drive-in door, along with rear adjacency to the freight rail line, supporting a wide range of industrial, storage, and last-mile
distribution uses.
Demand for small-format industrial assets in Queens remains strong, driven by limited supply, high barriers to entry, and continued growth in urban logistics. 18–20 Decatur Street presents a compelling opportunity to acquire a well-located, vacant asset with immediate usability and long-term upside.
Property Facts
| Price | $7,395,752 CAD | Lot Size | 0.25 AC |
| Price Per SF | $739.58 CAD | Rentable Building Area | 10,000 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1931 |
| Property Subtype | Warehouse | Clear Ceiling Height | 15’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Zoning | M1-4D - Light industrial with offices, hotels, and most retail uses permitted | ||
| Price | $7,395,752 CAD |
| Price Per SF | $739.58 CAD |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.25 AC |
| Rentable Building Area | 10,000 SF |
| No. Stories | 1 |
| Year Built | 1931 |
| Clear Ceiling Height | 15’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | M1-4D - Light industrial with offices, hotels, and most retail uses permitted |
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Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 03579-0031 | Improvements Assessment | $465,133 CAD |
| Land Assessment | $138,387 CAD | Total Assessment | $603,519 CAD |
Property Taxes
Parcel Number
03579-0031
Land Assessment
$138,387 CAD
Improvements Assessment
$465,133 CAD
Total Assessment
$603,519 CAD
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1820 Decatur St
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