Property Description

Rare Opportunity to acquire a highly visible corner property directly in front of the Hunters Point Avenue 7 Train station and steps from the Long Island City/Hunters Point LIRR station.The property features approximately 4,300 SF of existing retail space on a 9,000 SF lot, with an impressive 140 feet of frontage along 49th Avenue.Property Highlights:-4,300 SF existing retail.-9,000 SF lot - 30' x 300'.-140' of retail frontage.-18,000 buildable SF.-Approximately 13,700 SF of unused development rights.-M3-1 zoning.-Directly in front of the 7 Train.-Steps from the LIRR.-Approximately 5 minutes to Midtown Manhattan.-Directly across from Starbucks.-Surrounded by major new residential development.-Located within the broader OneLIC rezoning area.The property consists of an approximately 3,400 SF corner retail building plus a separate 900 SF retail building currently generating $5,000 per month / $60,000 annually from a deli tenant with no long-term lease in place. The space may also be delivered vacant.With exceptional frontage, immediate transit access, existing income, and substantial development rights, 2101 49th Avenue offers a compelling opportunity for investors, developers, owner-users, and retail operators in one of Long Island City's fastest-growing neighborhoods.Featured Commercial Sales.

Property Features

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