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Long Island City Industrial Facility
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27-11 49th Avenue, Long Island City, NY 11101

Premier industrial facility in Long Island City with excellent transportation access.

Space SizeContact for details
Property Size225,000 SF
Days on Market139

Property Features for 27-11 49th Avenue

General Information

Standard status Active
Size 225,000 SF
Property subtype Industrial
Listing Agency: CBRE | Midtown Manhattan
Listed By: Frank Liggio
Source: Cbre
Added: Mar 25 Changed: Aug 8 Last Checked: Jul 16 at 5:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Midtown Manhattan

Investment Insights

Based on property information with market context.

Located at 27-11 49th Avenue in Long Island City, NY, this industrial facility offers access to transportation networks and a robust labor pool, with connectivity to Manhattan. The building is designed for operational efficiency, providing a space for industrial tenants. The property benefits from a prime location and stable institutional ownership. The 2nd and 3rd floors support floor loads of 150 lb. There are 76 parking stalls available for rent. A new roof has been installed with a 20-year warranty. The location is one minute from the Midtown Tunnel and within walking distance to the subway and LIRR. The rooftop sign offers LIE exposure, with 80,000 total vehicle impressions per day heading westbound and eastbound. The property size is 225000 square feet.

Key Highlights

  • Prime location: One minute from Midtown Tunnel, easy walk to subway and LIRR, unparalleled connectivity to Manhattan.
  • Brand new roof installation with a 20‑year warranty.
  • Valuable rooftop sign with LIE exposure, 80,000 total vehicle impressions per day.

Property Analytics

Current Use

Industrial properties

Suggested Use

Top Pick Nursing Home Veterinary Clinic Garden Center Acupuncture Bed & Breakfast (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,168
Businesses Nearby

Demographics for 11101, NY

48,867
Population
27,093
Households
1.8
Avg Household Size
33
Median Age
65%
College-Educated
90%
High-School Grad
2.6 sq mi
ZIP Area
18,795
Density / Sq Mi
$116,807
Median Household Income
$83,892
Median Earnings
$2,740
Median Rent
$995,500
Median Home Value

Market

Lease Benchmarks for Long Island City, NY

$29.47 /SF/Yr
Avg Asking Price
$20–$42 /SF/Yr
Price Range
34,800 SF
Avg Space Size

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - Premier industrial facility in Long Island City with excellent transportation access.
Where is this industrial property located?
The property is located at 27-11 49th Avenue Long Island City, NY.
What are key features of this property?
This property features: Prime location: One minute from Midtown Tunnel, easy walk to subway and LIRR, unparalleled connectivity to Manhattan.; Brand new roof installation with a 20‑year warranty.; Valuable rooftop sign with LIE exposure, 80,000 total vehicle impressions per day.
More about this property
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