45-17 21ST Street Unit: COMM

New York City, NY, 11101

$1,350,000

$625 per ft²
$1,350,000
$625 per ft²
Active Under Contract
Active Under Contract
 - For Sale
baths
1 Bath
carpenters-square
2,157 ft²
property_type
Condo
calendar
Built 1890
Bring your architect and contractor and re imagine this raw warehouse space that is hitting market for the first time in history! Previous used as a record warehouse, this rare offering is a live/work condo commercial unit located on the ground floor of 45-17 21st Street Condominium. With ceiling heights of 12'8" and a total of 2,157sqft set up in a perfect rectangle, it can easily be made into a ground floor retail space (a co-working office space, a trendy art gallery, doctor's offices) or convert it into a unique living loft space! The space comes with floor-to-ceiling double door which used to serve as a carriage entry, plus windowed front door entrance from the sidewalk. There is even a driveway cutaway which can be used as your own private parking spot. Inside there is a built in skylight and plumbing. With the ultra low carry cost, the potential cap rate on this as a commercial space is upwards of 6%. 45-17 21st Street is a boutique 9 unit condo building located in the heart of LIC. Across from the recently renovated Murray Park, 1 block away from the Court Square Station (E, M, G, 7), minutes to Vernon Ave, PS1, and the waterfront, this centrally located space is convenient for both a commercial use or residential use. This will need to be an ALL CASH deal or can be financed with a construction loan. Showings will be BY APPOINTMENT ONLY to qualified buyers. Please contact for showings. Renderings are for inspiration only. Please consult your architect and contractor for build out of the space
MLS® ID:
PRCH-3864167
Listed:
8/6/22
Updated:
11/26/22

Interior Features

Total Bedrooms
0
Full Bathrooms
1

Exterior/Building Features

Lot Size
4,500 ft² lot
Architectural Style
Prewar

Other Property Details

Taxes
$2676
Tax Frequency
per YEAR
HOA Fee
$343
Garage
No
Parking
N
View
N
County
Queens
Pool
No
Total Stories
5

Property History

Date
Event
Price
Value
11/23/22
Active Under Contract
-
-
9/28/22
Price Change
$1,350,000
-9%

Courtesy of Serhant

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Danielle Nazinitsky shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 3:21 PM UTC, 11/26/22

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