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60,000 SF Office/Flex Building 12909 26th Ave 60 000 pi² 100% Loué Bureau Immeuble Flushing, NY 11354 31 016 480 $ CAD (516,94 $ CAD/pi²)
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Faits saillants de l'investissement
- 60,622 SF fully leased office/flex building in College Point, Queens across 36 tenants
- Stable cash flow supported by annual rent escalations and strong tenant diversification
- 62,006 SF lot zoned M2-1 (2.0 FAR) with ~124,000 SF buildable potential
- 41,457 SF office and ±19,165 SF industrial/flex across four-story building
- Below-market rents provide significant mark-to-market upside as leases roll to market
- 63,000 SF unused development rights with potential air rights sale to adjacent owners
Résumé de l'annonce
The asset is 100% leased to 36 tenants and consists of approximately 41,457 SF of office space and 19,165 SF of industrial/flex space, creating a well-balanced and highly functional multi-tenant configuration. This is a true stabilized investment with immediate cash flow and built-in upside.
Existing leases include contractual annual rent escalations, while current in-place rents remain below market, creating a clear mark-to-market opportunity as leases roll. The property sits in one of Queens’ most resilient industrial corridors, with strong tenant demand driven by proximity to LaGuardia Airport, the Whitestone Expressway, and surrounding submarkets.
Key Highlights:
- 60,622 SF fully leased office/flex industrial building
- 41,457 SF office / 19,165 SF industrial-flex configuration
- 36 tenants / 100% occupancy
- Built-in rent escalations + below-market in-place rents
- Prime College Point location near LaGuardia Airport & major highways
- Strong, diversified multi-tenant income stream
Additional Upside:
The property sits on a 62,006 SF lot zoned M2-1 (2.0 FAR), allowing for approximately 124,000 buildable SF. With approximately 63,000 SF of unused development rights, investors benefit from significant long-term optionality.
In addition, there is a near-term monetization opportunity through the sale of excess air rights to adjacent property owners, offering a potential immediate capital event without undertaking redevelopment.
This is a rare opportunity to acquire a fully stabilized Queens industrial asset with both durable income and multiple embedded value creation levers.
Faits sur la propriété
Commodités
- Accès 24 heures
- Gestionnaire d'immeuble sur place
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Craftwell USA is committed to bringing you technologically advanced products that enable you to express your creativity. Their products are developed by an innovative team with creativity going hand in hand with their designers and engineers. They listen to your comments and their products are a direct result of your feedback. They are a family of hobbyists that are passionate in what they do. They are made up of people from all walks of life. The synergy of engineers, artists and professional crafters make Craftwell a dynamic company focused on developing the products you want. That is the Craftwell difference.
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DTS Fire Alarm has always designed first-class engineer-built systems. From the consultation to the job layout and plan preparation, all the way to the building and fire department plan approval.
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ELITE Amenity Management isn’t just their name; it is in everything that they do. ELITE’s extensive expertise includes staffing, operations, and programming. They introduce cutting-edge innovation into luxury amenity management, event planning, aquatic facility management, and health & wellness.
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- Grossiste
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Welcome to Entro Wholesale! Where your satisfaction is their highest priority! They offer a variety of premium quality accessories for mobile businesses. Their goal is to provide their customers with exclusive and competitive wholesale pricing on the best selling products. They look forward to doing business with you!
GTE's LCD screens are the highest quality LCD replacement screens you can find on the market right now and the prices are very competitive. Our LCDs go through a rigorous quality control process with testing conducted at key intervals within the production process.
Local HVAC company serving the community, headquartered in Queens New York, established in 2005.
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Their Mission is to provide innovative design and service that meets their clients from the beginning to the end with full satisfaction. They successfully retain the cultivated skill to maintain the best quality and services at the utmost level. Nextcom is always dedicated in finding the best possible solution to every project, also providing their client with the finest value. Nextcom’s multi-disciplinary architectural tasks include: The assessment of enterprise value, strategic brand consulting and development, architectural shop drawing , site supervision, new construction, engineering, interior design, space planning, furniture/fixture design, and construction schedule.
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Peter Plumbing is one of NY’s most prestigious and experienced licensed plumbing companies. They have successfully completed many projects ranging from new construction to retrofit and repairs. Having over a decade of experience, they understand what the needs of their clients are and provide the best service and skill to get the job done right.
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Sen Mart International was founded since 2013, their mission has been to provide their clients with personalized service. Innovative operational techniques enabled them to enjoy almost immediate success and growth Sen Mart International cares about Corporate Social Responsibility. By delivering the highest level of professional service, reliability, and peace of mind to customers and carriers 24/7/365. Their goal has always been to understand your business, and to become a partner in your success.
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USA Based Hair & Wigs Factory.
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| HD Hvac of Ny | Construction | - | 31,91 $ CAD | Service complet | - | |
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Impôts fonciers
| Numéro de lot | 04273-0090 | Évaluation des bâtiments | 3 436 617 $ CAD |
| Évaluation du terrain | 1 952 623 $ CAD | Évaluation totale | 5 389 240 $ CAD |
Impôts fonciers
Présenté par
Entreprise non fournie
60,000 SF Office/Flex Building | 12909 26th Ave
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