Currently viewing 1 of 500
For more information on this property, contact Win Morrison Realty at 845-339-1144 or [email protected]

22-12 119 Street
College Point, New York NY 11356
Sold For: $5,000,000
Listing ID 3340588
Status Closed
Acres 0.520

Property Description:

The subject property is the Flushing Marina. It is approx. 26,000 sqft M1-1 zoned lot, with a 7767sqft building, and 50 boat slips. The 1st floor of the building is warehouse space, and the 2nd floor has a legal residential apartment called a "caretakers" apartment on the C of O, which was updated only 10 years ago in 2011. Currently, the owner occupies the building and leases out the Marina for $5000/ month. That tenant then operates the Marina for a profit. No lease in place for the Marina tenant. Current land and parking rates in Queens for M1-1 zoned property are $12 to $15/ sqft. Even without applying a rental rate to the building, just the 26,000sqft of land and the Marina can generate $372,000/ year in income. The property is great for an industrial investor or an end user for truck parking and/or material storage. First time on the market in over 50 years. Also has riparian rights.

Primary Features

County: Queens
Price Before Reduction: 5700000
Price Reduction Date: 2022-01-25T19:37:42+00:00
Property Sub Type: Mixed Use
Property Type: Business Opportunity


Country: USA
Elementary School District: Queens 25
High School District: Queens 25
Middle Or Junior School District: Queens 25
Township: Queens


High Price Dollars: 5000000
Modifications Exclusions: None


Building Area Units: Square Feet


Closing Input Date Time: 2022-11-09T00:00:00+00:00
Mls Status: U
Moved From: Queens


Lot Size SqFt: 22500
Waterfront Features: Bay, Water Access, Waterfront

Zoning Info

© 2023 OneKey MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of OKMLS. Real estate listings held by IDX Brokerage firms other than Cyber Guardian Consulting Group, LLC. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Information provided is deemed reliable but not guaranteed. Listing courtesy of Keller Williams Rlty Landmark. Data last updated: Thursday, January 26th, 2023 at 05:25:26 PM.

Contact - Listing ID 3340588

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Win Morrison Realty

63 John Street
Kingston, NY 12401
Phone: 845-339-1144
Kingston Residential - Kingston Commercial: 845-339-9999 - Woodstock Tinker Street: 845-679-9444 - Woodstock Old Forge: 845-679-2929 - Saugerties: 845-246-3300 - Phoenicia: 845-688-2929

Data services provided by IDX Broker