Meridian Capital Group
Meridian Investment Sales

316 Beach 96th Street, 96-03 Beach Channel Drive, and 97-25 Beach Channel Drive, Queens, NY 11691

316 Beach 96th Street, 96-03 Beach Channel Drive, and 97-25 Beach Channel Drive, Queens, NY 11691

Located in an Opportunity Zone spanning two full city blocks in the Rockaway Beach neighborhood of Queens, NY
Far Rockaway

Rare Opportunity to Acquire Over 4.8 Acres in a Prime Queens Neighborhood

Asking Pricing Submit Offers
Type Warehouses
Neighborhood Far Rockaway
Properties 3
Lot Size 210,486 Square Feet
Zoning Code C8-1
Size 210,486 Square Feet
Stories 1

Investment Highlights:

Meridian Investment Sales is pleased to present the exclusive offering for the Rockaway Beach Industrial Portfolio – a collection of warehouses spanning over two full city blocks in a flourishing residential neighborhood. The offering consists of over 4.8 acres and is primarily owner occupied by The Madelaine Chocolate Company, a longstanding and highly regarded institution. Containing a total of 208,323 square feet, the portfolio presents a rare opportunity to acquire a site of this scale and magnitude anywhere in New York City. Given the trends in consumer purchasing habits which are shifting toward same day and next day delivery, there is a growing need for last mile distribution centers in the immediate area. The growing population of Rockaway Beach and the scarcity of nearby warehouses makes the portfolio an excellent candidate for both users and investors. As a result of the location with proximity to New York City and several major thoroughfares including JFK Airport and the Belt Parkway, the offering is a unique opportunity to establish a mission critical facility in a Last Mile neighborhood.

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