Marcus & Millichap - Tri Borough Multi-Family

30-28 Starr Avenue

30-28 Starr Avenue
, Queens

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Price: $13,893,786
Building Size: 130,111 Square Feet
Property Type: Commercial
Exclusive Listing Team:

30-28 Starr Avenue is approximately a 130,111 square foot self storage facility situated on .56 acres. The property is currently 67% physically occupied and is located in Queens, New York. This property consists of one six story building with an on-site manager’s apartment/office constructed in 1913. There are 2,513 storage units in a variety of unit sizes. The facility has an electronic keypad access system, security cameras, and alarms. The facility also includes a very profitable record storage franchise.

The property is located in Long Island City (Queens), New York on Starr Avenue. The property has visibility from I-495, a 66,600 car per day highway that is the main thoroughfare into Manhattan from Long Island. Located in one of the most densely populated areas of the entire United States, the facility has a population of 1,140,609 within 3 miles and an average income of $41,448.

This investment offers the investor the opportunity to purchase a well established self-storage facility and a thriving record storage business with upside in eliminating high vacancy.