2449 47th Street

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2449 47th Street

Astoria, NY 11103
Asking Price
$2.40M
Asset Type
Warehouse Industrial
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Industrial warehouse property located in the Astoria neighborhood of Queens
  • Total building footprint encompasses 4,500 square feet of usable space
  • Offered for sale with an asking price of 2,399,000 dollars
  • Asset type classified as industrial with a warehouse sub-type designation
  • Strategically positioned within an established New York City industrial corridor

What's Special

Astoria remains a prominent hub for commerce and logistics within the New York City metropolitan area. This industrial warehouse property at 2449 47th Street provides 4,500 square feet of functional space in a highly accessible urban corridor. The local economy benefits from strong infrastructure links and proximity to major transit routes, supporting diverse operational needs throughout the borough. Investors and business owners seeking a foothold in this established industrial market will find the site suitable for a variety of logistics, distribution, or manufacturing applications. Its configuration caters to companies requiring efficient storage or production facilities near a dense consumer base. The property serves as a strategic asset for enterprises looking to capitalize on the sustained demand for industrial space in Queens.

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NOI
$80,000
Cap Rate
3.33%
DSCR
0.56
Underwater
Cash-on-Cash
-8.67%
Monthly Payment
$11,868.943
Annual Cash Flow
$-62,427.317

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