27-40 21st Street

27-40 21st Street

$2,100,000
27-40 21st Street

The 5,000 square foot lot is improved with a 3,850 square foot industrial building plus 1,150 square feet of parking triple-net leased at approximately 50% of market value to the United States Post Office at $61,104 per annum, expiring June 30, 2012. Tenant may wish to remain at a rent to be negotiated by the buyer. The property is ideally situated along the Q69 and Q100 bus line and is just minutes from the RFK (Triboro) Bridge. With a zoning designation of C2-3/R7X, the property has a F.A.R. of 2.0/5.0 and 25,000 buildable square feet for mixed-use development. Upon lease expiration, the property poses an excellent opportunity for commercial investment or mixed-use development.

Status Closed
Details
Price: $2,100,000
Type: Development / Land / Conversion
Commercial
Pet Policy: Allowed
ID: 69552
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