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    2107 41St Ave Long Island City, NY 11101

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    For Sale
    $24,000,000

    Newly renovated 118,000 RSF flex building, prime Long Island City.

    Property size:
    118,356 SF
    Lot size:
    0.53 Acres

    Property Features for 2107 41St Ave

    General Information

    Size
    118,356 SF
    Lot size
    0.53 Acres

    Source: RIPCO Real Estate - Queens Agent Stephen R. Preuss

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Flex Building in LIC

    This is a newly renovated multi-story flex building with approximately 118,000 rentable square feet, situated in Long Island City. The property has undergone $13 million in capital improvements, including a brand new lobby, facade restoration, electrical heating system upgrades, a new canopy at the main entrance, a new rooftop, and a paved driveway leading to the loading dock. The building features rectangular floor plates of approximately 20,000 square feet, offering the opportunity to lease contiguous floors. It is located five minutes from Midtown via the 21st Street-Queensbridge F Train. The property offers views of the Queensboro Bridge and the Manhattan skyline. A high exposure oversized billboard on the roof provides high visibility for a potential tenant or user.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Island City
    County
    Queens
    State
    New York
    Longitude
    -73.941926
    Latitude
    40.75414

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    FAQs

    What type of property is this?
    Office building - Newly renovated 118,000 RSF flex building, prime Long Island City.
    Where is this office building located?
    The property is located at 2107 41St Ave Long Island City, NY.
    What is the asking price?
    The asking price for this property is $24,000,000.
    What are key features of this property?
    This property features: - Prime LIC location, five minutes to Midtown via the F Train.; - Newly renovated with $13MM in capital improvements including a brand new lobby, façade restoration, electrical heating system, new canopy, new rooftop, and paved driveway.; - Unique views of the Queensboro Bridge and Manhattan skyline.
    (516) 647-7155
    Request Owner's contact information
    2107 41St Ave Long Island City, NY 11101
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    Long Island City, NY 11101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2107 41St Ave Long Island City, NY 11101
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