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Industrial Warehouse for Lease – 12, 500 SF Total- Prime Location | Steinway St to 38th St Access | M1-1 Zoning- An exceptional leasing opportunity in a centrally located industrial hub. This 12, 500 SF property features a pristine 6, 250 SF interior warehouse space plus a 6, 250 SF paved yard, ideal for a variety of business operations. Property Highlights: -Total Area: 12, 500 SF (6, 250 SF interior + 6, 250 SF paved yard). -Interior Warehouse: Immaculately maintained with 23’ ceiling height. -Exterior Yard: Fully paved, perfect for loading, storage, or fleet parking. -Drive-In Access: Block-to-block entry from Steinway Street to 38th Street. -Zoning: M1-1 – Suitable for manufacturing, import/export, wholesale, transportation, or custom uses. -Street Access: Located on a double-wide street for easy truck maneuvering. -Heating Installed – Ensuring year-round operational comfort. -Bathroom Built Out – Ready for immediate occupancy. Transportation & Connectivity: -Minutes from RFK & Queensborough Bridges. -Quick access to Brooklyn-Queens Expressway, Grand Central Parkway (I-278), and Midtown Tunnel. -Centrally located in Queens with proximity to major commercial corridors. This is a rare opportunity for businesses seeking functionality, access, and visibility in one of Queens’ most industrial-friendly zones. Featured Commercial Lease/Rentals.
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Our Executive Mortgage Banker:
Our Insurance Division:
$25,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $20,000 | $20,000 | $20,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $126 | $131 | $167 |
Total Monthly Payment | $201 | $206 | $242 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.