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FOR SALE OR LEASE

New-Construction Elevator Flex (Office/ Warehouse) Building with On-Site Parking 150-42 12TH AVENUE, WHITESTONE NY 11357

Asking Price: $4,450,000

Property Description

Property Highlights Location

South side of 12th Avenue between Clintonville Street and 150th Street

Cushman and Wakefield has been retained on an exclusive basis for the sale of 150-42 12th Avenue in Whitestone, Queens.

Block / Lot

4517 / 25

Building Size

40’ x 113’

approx.

Building Sq. Ft.

9,000

approx.

# of Units

1

The subject property is a two-story, new-construction elevatored flex building with on-site parking and drive-in gate, and will be delivered vacant and in as-is condition. The building was originally built in 1955 and has been re-constructed to include a new facade and a loft-style second floor. The building sits on a large 10,000 square foot lot which allows the property to benefit from on-site parking lot with a driveway which holds up to 14 cars.

Lot Sq. Ft.

10,000

Lot Size

50’ x 150’

Zoning

R3-2 / C2-2

Stories

2

On-Site Parking

In rear

Assessment

$400,677

Real Estate Taxes

$42,368

approx.

The interior of the building is complete with a modern, open-concept, clean design ideal for warehouse office or flex space. Additional building features include a private terrace area, large windows, kitchen area, and designated offices. It’s location is convenient as it is situated in proximity to a variety of retail including the Whitestone Shopping Center on 14th Road. The Cross Island Parkway is a quarter-mile away from the subject property, as well as the Whitestone Expressway located about a half mile away. This is a great opportunity for an investor or developer looking to capitalize on the growing need for new-construction flex space in Northern Queens. Property inspections are by appointment only - please inquire within. THE PROPERTY IS ALSO AVAILABLE FOR LEASE, PLEASE INQUIRE FOR ADDITIONAL INFORMATION.

12th

Stephen R. Preuss

Kevin Louie

Andreas Efthymiou

Denise Prevete

Senior Managing Director Senior Associate Associate Associate Director +1 718 512 2118 +1 718 512 2627 +1 718 512 2621 +1 718 512 2605 [email protected] [email protected] [email protected] [email protected]

nue Ave

118-35 Queens Blvd, 14th Fl. Forest Hills, NY 11375 Main +1 718 275 3400 Fax

+1 718 275 5478

cushmanwakefield.com

Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

FOR SALE OR LEASE

New-Construction Elevator Flex (Office/ Warehouse) Building with On-Site Parking 150-42 12TH AVENUE, WHITESTONE NY 11357 PROPERTY PHOTOS

Stephen R. Preuss

Kevin Louie

Andreas Efthymiou

Denise Prevete

Senior Managing Director Senior Associate Associate Associate Director +1 718 512 2118 +1 718 512 2627 +1 718 512 2621 +1 718 512 2605 [email protected] [email protected] [email protected] [email protected]

118-35 Queens Blvd, 14th Fl. Forest Hills, NY 11375 Main +1 718 275 3400 Fax

+1 718 275 5478

cushmanwakefield.com

Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.