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