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    41-42 24Th St Long Island City, NY 11106

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    For Lease
    Contact for pricing

    Retail space at base of luxury building near subway.

    Property size:
    2,456 SF
    Lot size:
    0.96 Acres

    Property Features for 41-42 24Th St

    General Information

    Size
    2,456 SF
    Lot size
    0.96 Acres

    Source: RTL Partners, LLC Agent Thomas Galo

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

    Overview

    Retail Space Near Transportation Hub

    This retail space is located at the base of a fully leased 421-unit luxury residential building. The location is adjacent to the Queensboro Plaza NQRWEMF7 subway stations, which serve over 3.7 million riders annually. Over 200,000 cars pass the 59th Street bridge daily. The property offers 2,456 square feet of space.
    Location Intelligence

    Current Use by Public Records

    SIIA EVENTS Event Planner 41-42 24th St ... Parking Lot QLIC Apartment Rentals Apartment Complex FLC BusinessCareer English Language School Think VFX Animation Studio

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    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
    -73.9344967
    Latitude
    40.7583919

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    FAQs

    What type of property is this?
    Retail space - Retail space at base of luxury building near subway.
    Where is this retail space located?
    The property is located at 41-42 24Th St Long Island City, NY.
    What are key features of this property?
    This property features: - Located next to the Queensboro Plaza NQRWEMF7 subway stations.; - At the base of a fully leased 421-unit luxury residential building.; - High visibility with over 200,000 cars passing the 59th Street bridge daily.
    (212) 792-2600
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    41-42 24Th St Long Island City, NY 11106
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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
    41-42 24Th St Long Island City, NY 11106
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