Prime location in Long Island City (LIC), a high-demand area for businesses due to proximity to Manhattan and strong infrastructure. 10,200 square feet with fireproof construction, which is a significant asset for safety and insurance purposes. Two drive-in doors make it ideal for logistics, deliveries, or storage-heavy operations. 14-foot ceiling height is beneficial for storage and equipment flexibility. Equipped with 3-phase 600 amps, supporting heavy machinery or advanced HVAC systems if needed. R5 zoning with a certificate of occupancy (C/O) for office and storage use, allowing mixed uses under certain conditions. HVAC, a small office, and a new conference room add value for companies looking for both operational and administrative space. The option to deliver the property vacant or lease back a portion of the space offers flexibility for different types of buyers.
34-51 Vernon Boulevard, Queens, (Long Island City), NY, 11106
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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