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    528 51St Ave Long Island City, NY 11101

    For Sale
    Contact for pricing

    Two-story flex building in prime Hunters Point location.

    Property size:
    4,690 SF
    Lot size:
    0.06 Acres

    Property Features for 528 51St Ave

    General Information

    Size
    4,690 SF
    Lot size
    0.06 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

    Commercial Flex Building in Hunters Point

    This two-story commercial flex building offers 4,690 square feet of space across two floors and a mezzanine. It is situated in a prime Hunters Point location off Vernon Boulevard, steps from the Vernon Blvd–Jackson Ave (7 train) and within walking distance to Court Square (E, G, M, 7). The flexible (M1-4/R6B) zoning permits office, studio, townhouse, or light industrial uses, while also allowing residential redevelopment within the R6B Long Island City Mixed-Use District.
    Insight Report Location Intelligence

    Current Use by Public Records

    Phoenix Electrical Contracting Electrician Rpm Media Professional Services

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Y-Cats Craft Service & Jayse Catering, Little Urban Foods Catering, Nuhma Inflight Dining, Ask Chef Ryan | Personal Chef & Catering Services | ACR & Co., Kandja St.

    Location Insight

    • Map
    • Local Demand
    City
    Long Island City
    County
    Queens
    State
    New York
    Longitude
    -73.955784
    Latitude
    40.742075

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    FAQs

    What type of property is this?
    Flex space - Two-story flex building in prime Hunters Point location.
    Where is this flex space located?
    The property is located at 528 51St Ave Long Island City, NY.
    What are key features of this property?
    This property features: - Prime Hunters Point Location: Steps from Vernon Blvd–Jackson Ave (7 train) and walking distance to Court Square (E, G, M, 7).; - Residential Conversion Opportunity: Flexible zoning allows residential redevelopment.; - Versatile Zoning: Permits office, studio, townhouse, or light industrial uses.
    (516) 647-7155
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    528 51St 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
    528 51St Ave Long Island City, NY 11101
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