23-01 Borden Avenue

Long Island City, NY 11101

Rare Long Island City industrial investment opportunity at 23-01 Borden Ave. This approximately 31,500 SF lot features a 27,405 SF warehouse/industrial building with approximately 175' x 180' lot dimensions. Zoned M3-2, the property is currently occupied by multiple tenants and offers existing rental income. Excellent location with convenient access to major transportation routes and Long Island City’s established commercial and industrial infrastructure. Ideal for investors seeking a well-located industrial/warehouse asset with long-term investment potential. Asking $18,800,000. Current cap rate approximately 3.27%. All uses and measurements are subject to verification and applicable zoning regulations

Listing courtesy of E Realty International Corp shirley@erealtyny.com


Based on information submitted to the MLS GRID as of 2026-10-17 04:09 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.