Large LIC warehouse hits market for first time in 40 years

A former Queens-based clothing manufacturer is putting a 256,000-square-foot Long Island City warehouse it used to occupy on the market for the first time in nearly 40 years, sources told The Real Deal. The three-story property at 48-49 35th Street is owned by Matsil Bros. It largely serves as a distribution facility to several office and manufacturing tenants. The largest tenant is AirSea Packing, an international shipping company which occupies about 100,000 square feet. Prices for comparable warehouse sales in … Continue reading Large LIC warehouse hits market for first time in 40 years