3RD FLOOR OFFICE SPACE
BUILDING SPECS
ARCHITECT
Albert Kahn
YEAR BUILT
1915
BUILDING SIZE
559,000 SF, 8 Stories + Basement
FLOOR PLATES
62,000 SF - 79,000 SF
PARKING
On site (in basement)
ELEVATORS
5 Passenger, 2 Freight
LEED CERTIFICATION
Gold
LOADING DOCKS
3 on Northern Boulevard
CEILING HEIGHTS
12’3”
FLOOR LOADS
Heavy (150 Lbs PSF)
ACCESS
24/7
ZONING DISTRICT
M1-5
COLUMN SPACING
24’
ELECTRICAL CAPACITY
8,000 AMPS | 4,500 AMPS
HVAC
Cooling Tower/Water-Cooled Units or Air-Cooled Packaged Units
RENOVATIONS
Near term modernization of all existing passenger elevators, installation of 2 new passenger elevators, construction of new multi-tenant lobby on Northern Boulevard, installation of new cooling tower.
as-of-right tenant incentives
NYC RELOCATION & EMPLOYMENT
ASSISTANCE PROGRAM (REAP)
A 12-year tax credit (refundable in the first 5 years) of $3,000 per job per year for each job relocated to Queens.
ENERGY COSTS SAVINGS PROGRAM
(ESCP)
The City’s Energy Cost Savings Program (ECSP) provides a discount of as much as 45% on the distribution portion of electric costs.
COMMERCIAL EXPANSION PROGRAM
(CEP)
CEP provides property tax benefits for qualified new, renewal, and expansion leases in commercial offices and industrial/manufacturing spaces
COMMERCIAL RENT TAX
(CRT)
All taxpayers are granted a 35% base rent reduction, which reduces the effective tax rate to 3.9%. In addition, you are allowed a tax credit if your annualized base rent before the 35% rent reduction is between $250,000 and $300,000.