5-33 48th Avenue, Long Island City, NY 11101

10,400 S.F. Retail Condominium Plus 5,000 S.F. Lower Level In Newly Converted Building

For Sale

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5-33 48th Avenue, Long Island City, NY 11101

Retail Condominium - For Sale

5-33 48th Avenue Brochure (PDF)

Modern Spaces Commercial + Investment Division is pleased to announce the exclusive sale offering of the unique retail condominium at 5-33 48th Avenue in the Hunter’s Point neighborhood of Long Island City. The unit is an approximately 10,400 square foot retail space with 112 feet of street frontage, 18 foot high ceilings and large windows in a beautifully converted historic building. Also included with the ground floor retail space is approximately 5,000 square feet of lower level space.

5-33 48th Avenue is located in one of the most sought-after locations in Hunter’s Point, Long Island City. The building is located between thousands of new-construction highrise luxury units along the Queens waterfront, the busy Vernon Boulevard shopping district and Amazon’s newly announced headquarters. Excellent exposure is provided by the extra wide 48th Avenue, where retail rents can reach in excess of $90 per square foot.

This space offers a unique opportunity for any investor or business looking to take part in this exclusive neighborhood with one of the largest contiguous retail spaces in Long Island City. The announcement of Amazon opening their new headquarters just blocks away will make Queen’s hottest and fastest growing neighborhood even more in demand than ever before.

For more information, please contact Evan Daniel at 516-508-8189 or at evan@modernspacesnyc.com.