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PROPERTY OVERVIEW€¦ · PROPERTY OVERVIEW Nestled in the middle of Long Island City’s Hunter’s Point, this 40,000 SF two story building is the perfect flagship space for restaurants

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Page 1: PROPERTY OVERVIEW€¦ · PROPERTY OVERVIEW Nestled in the middle of Long Island City’s Hunter’s Point, this 40,000 SF two story building is the perfect flagship space for restaurants
Page 2: PROPERTY OVERVIEW€¦ · PROPERTY OVERVIEW Nestled in the middle of Long Island City’s Hunter’s Point, this 40,000 SF two story building is the perfect flagship space for restaurants

PROPERTY OVERVIEW

Nestled in the middle of Long Island City’s Hunter’s Point, this 40,000 SF two story building is the perfect flagship space for restaurants and community oriented retail. With spectacular views and ample sunlight, this space is a block away from the 7 train with only 5 minutes between Long Island City and Grand Central. The property is also two blocks away from Hunter’s Point South Ferry station. The Long Island City Railroad is directly across the street making Eastern Long Island accessible in a short ride. The Citibike is conveniently attached to the building attracting foot traffic from the multitude of luxury hi-rise residential buildings lining Center Blvd to the building.

The 51st Avenue side of the building can be lined with restaurants. The Borden Ave side and the 2nd floor of the building can host a variety of services for local residents such as childcare, a fitness center, and other activities that will draw the neighborhood to the building. The building has a 24 hour access which is convenient for all tenants to come and go as they please.

51st Ave

5-06 51st Ave

Page 3: PROPERTY OVERVIEW€¦ · PROPERTY OVERVIEW Nestled in the middle of Long Island City’s Hunter’s Point, this 40,000 SF two story building is the perfect flagship space for restaurants
Page 4: PROPERTY OVERVIEW€¦ · PROPERTY OVERVIEW Nestled in the middle of Long Island City’s Hunter’s Point, this 40,000 SF two story building is the perfect flagship space for restaurants

LONG ISLAND CITY

New York’s newest, trendiest neighborhood is the next destination for art, music, food, and entertainment in New York’s ever-changing landscape. Curtailed by the beautiful East River just minutes away from Manhattan, the city offers a myriad of opportunities for experiences like concerts, night markets, and other events at the Gantry Plaza State Park and Hunter’s Point South, all blocks away from the building. The night-time view is stellar for long walks or runs after work.

With a population of 47,501, Long Island City is home to a variety of New Yorkers with an almost even split of male and female residents. The average age of residents is 34 with 51% of most of them working white collar jobs. An average of 20,980 households with about 2 heads per household, the city is the best location to relocate a brand or business. With an average income of $91,521 per household, the thriving city has lots of economic opportunity for its residents to spend and invest in the community.

Gantry Plaza State Park

Welcome to the Hub

Page 5: PROPERTY OVERVIEW€¦ · PROPERTY OVERVIEW Nestled in the middle of Long Island City’s Hunter’s Point, this 40,000 SF two story building is the perfect flagship space for restaurants

Come for something different, Stay for the night time views.

Page 6: PROPERTY OVERVIEW€¦ · PROPERTY OVERVIEW Nestled in the middle of Long Island City’s Hunter’s Point, this 40,000 SF two story building is the perfect flagship space for restaurants

5-06 51st Ave

The Interior

GROUND FLOOR

20,000 SF (Divisible)

SECOND FLOOR

20,000 SF (Divisible)

PRICING

$50-60/SF

NEIGHBORS

LIC Kids Gymnastics, M&T Bank, Subway, Chase Bank, Dunkin’, Bareburger, The UPS Store, Douglas Elliman, Modern Spaces, Western Union, CVS, Duane Reade

POSSESSION

Immediate

FRONTAGE

99’ on 51st Ave, 189’ on 5th St, 99’ on Borden Ave

BUILDING FEATURES

2 blocks from Hunter’s Point South Park2 blocks from East River Ferry route2 blocks from 7 train subwayCitibikes connected to the building

THE INTERIOR

With ample sunlight, the space is 40,000 SF with 20,000 SF per floor with 15 ft ceilings and an open floor plan. This space can be used as a hub for a mixed used building for companies who have a variety of services.

The space can be used for a variety of things including daycare facility, whether on the ground floor or both floors, the space offers special lighting perfect for kids to play and use their imagination.

A perfect location for a food hall, the two story building boasts an ample amount of space for hundreds of people. With an easy commute, this is the perfect spot to create a hub for a variety of dining options.

Interior view

Page 7: PROPERTY OVERVIEW€¦ · PROPERTY OVERVIEW Nestled in the middle of Long Island City’s Hunter’s Point, this 40,000 SF two story building is the perfect flagship space for restaurants
Page 8: PROPERTY OVERVIEW€¦ · PROPERTY OVERVIEW Nestled in the middle of Long Island City’s Hunter’s Point, this 40,000 SF two story building is the perfect flagship space for restaurants
Page 9: PROPERTY OVERVIEW€¦ · PROPERTY OVERVIEW Nestled in the middle of Long Island City’s Hunter’s Point, this 40,000 SF two story building is the perfect flagship space for restaurants

VERNON-JACKSON AVE STATION

Annual 4,493,326Weekday 15,093Weekend 11,858

LONG ISLAND CITY LIRR STATION

Annual 23,468,139Weekday 80,978

TOTAL LIC BUS RIDERSHIP

Annual 497,553Weekday 1,740Weekend 1,018

HUNTERS POINT SOUTH LANDING

Weekday 690Weekend 1,178

LONG ISLAND CITY SUBWAY LINES

7

LONG ISLAND CITY BUS ROUTES

Q103

LONG ISLAND CITY LIRR LINES

Montauk, Oyster Bay, Port Jefferson

LONG ISLAND FERRY ROUTES

East River Route

Page 10: PROPERTY OVERVIEW€¦ · PROPERTY OVERVIEW Nestled in the middle of Long Island City’s Hunter’s Point, this 40,000 SF two story building is the perfect flagship space for restaurants

THE NEIGHBORHOOD

Home to the trendy and popular MoMa PS1, Long Island City is a beautiful getaway from the hustle and bustle of the city. With a beautiful dim light of the city at night, the vibrant city offers a mix of something different from the five boroughs. When the weather is nice, Hunter’s Point South and Gantry Plaza State Park are packed with people, especially during concert season when the park plays host to A-List celebrities, night markets, and other events. The amazing Hunter’s Point library opened in the fall of 2019 and is only 1 block away. And if that isn’t enough, the restaurant and night life scene of Vernon Blvd will serve as another source of clientele for the building.

What to see, what to do...

Page 11: PROPERTY OVERVIEW€¦ · PROPERTY OVERVIEW Nestled in the middle of Long Island City’s Hunter’s Point, this 40,000 SF two story building is the perfect flagship space for restaurants
Page 12: PROPERTY OVERVIEW€¦ · PROPERTY OVERVIEW Nestled in the middle of Long Island City’s Hunter’s Point, this 40,000 SF two story building is the perfect flagship space for restaurants

Contact

Michael Wang / Founder

[email protected]

(917) 991-0022

Project Queens

39-01 Main Street, Suite 503

Flushing, NY 11354