Prime Location in Long Island City NY
Mixed Use | 3,289 SF
Marketing description
Long Island City, a rapidly growing neighborhood in the heart of Queens, New York, is becoming increasingly popular for its strategic location and local amenities. This area is a gem for property investors and homeowners alike, offering a unique blend of urban convenience and suburban tranquility.
One of the key attractions of Long Island City is its proximity to transportation. The neighborhood is a hub for several subway lines, making it easy for residents to commute to Manhattan, Brooklyn, and other parts of the city. Additionally, the area is serviced by multiple bus routes and is close to major highways, providing convenient access for both public and private transportation. This ease of transit makes Long Island City an ideal location for those who value connectivity and mobility.
Another significant advantage of this area is its access to quality public schools. Long Island City boasts a range of educational institutions that cater to various age groups and learning needs. From elementary schools to high schools, parents can rest assured that their children will receive a quality education without having to travel far from home. This feature makes the neighborhood particularly attractive for families.
Moreover, Long Island City offers an array of local amenities that contribute to a high quality of life. The neighborhood is home to several parks, providing residents with green spaces where they can relax, exercise, or enjoy outdoor activities. Gantry Plaza State Park, with its stunning views of the Manhattan skyline, is a local favorite.
In addition to parks, the area offers a variety of dining options, shopping centers, and entertainment venues. From trendy cafes and restaurants to art galleries and theaters, there's always something to do in Long Island City.
The property’s location within this thriving area adds significant value. It offers potential homeowners or investors the opportunity to be part of a vibrant community that continues to grow and develop. With its blend of urban convenience and suburban charm, Long Island City truly offers the best of both worlds.
In conclusion, the property's location in Long Island City, with its proximity to transportation, quality public schools, and local amenities, makes it a prime choice for those seeking a dynamic and convenient lifestyle. Whether you're a property investor looking for a promising opportunity or a potential homeowner seeking a vibrant community, Long Island City is a location worth considering.
Investment highlights
Prime Location:
Located just one block from the subway, offering excellent public transportation access.
Proximity to major national tenants and significant foot traffic, which makes it ideal for both office and retail use.
Situated in Long Island City, an area experiencing rapid growth, making it attractive for future development.
Modern Infrastructure:
The building was fully gutted and rebuilt in 2017, ensuring modern amenities and design suitable for contemporary tenants.
Flexible Use:
Zoned for M1-4/R6B, allowing for a mix of residential, commercial, and light industrial uses.
Suitable for a variety of tenants, including office, retail, or light industrial businesses.
Current Availability:
3,289 SF of space is available with 10’-11’ ceilings, offering flexibility in use and layout.
The space is in full build-out condition.
Strong Rental Market:
The rental rate of $55.40/SF/YR is competitive for the Long Island City area, where demand continues to rise.
Growing Neighborhood:
Long Island City is seeing heavy traffic and increased development, making it a hot spot for both commercial and residential investments.
The presence of community amenities, such as a dog park on the corner, enhances the neighborhood's attractiveness.
These factors combine to make 10-11 49th Avenue a solid investment opportunity, with growth potential driven by its strategic location and modern infrastructure.
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