21-01 49th Ave Long Island City, NY 11101
Retail property near subway and LIRR in Long Island City.
Type:Vacant-User
Property size:
4,300 SFLot size:
0.21 AcresPrice / SF:
$930/SF- Added:
- Apr 3, 2026
- Days on Market:
- 20
- Last Refresh:
- Apr 3 at 5:17 am
Property Features for 21-01 49th Ave
General Information
- Standard status
- Active
- Size
- 4,300 SF
- Lot size
- 0.21 Acres
- Property subtype
- Vacant-User
Building Details
- Year Built
- 1955
Listing agent Scott Plasky License #NY: 40PL1176852 (212) 430-5229
Listing office New York City Office (212) 430-5229
Listing date Apr 3, 2026
Source Marcusmillichap
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Overview
Long Island City Retail Property
The offering is a 4,300 square foot single-story retail property located on the corner of 21st Street and 49th Avenue in Long Island City, Queens. The site is located directly in front of the entrance to the subway (7 Train – Hunters Point Avenue), as well as the Hunters Point LIRR Train Station, and is a five-minute subway ride into midtown Manhattan. The asset rests on a 9,000 square foot lot (30 ft x 300 ft) zoned M3-1. The lot allows for a total buildable square footage of 18,000 square feet, including 13,700 square feet of available air rights. The offering consists of two buildings. The larger structure is 3,400 square feet with 140 feet of retail frontage along 49th Avenue, situated on the corner of 49th Avenue and 21st Street. The second building is 900 square feet (built 60 x 15), also a single-story retail building, currently occupied by a deli paying $5,000 per month ($60,000 per year). There is no lease in place, and this space can be delivered vacant. This is an opportunity to acquire a value-add retail property with frontage next to the subway and the Long Island Railroad. The site is prime for retail redevelopment into either single or multi-tenant retail. The offering is directly across the street from Starbucks and surrounded by thousands of new construction multi-family units constructed since 2009, part of the over 30,000 new apartments built in Long Island City. The city recently passed the Future (OneLIC Plan), a major rezoning that aims to deliver another 15,000 new homes to LIC.
Location Intelligence
Current Use by Public Records
Storefront properties
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Location Insight
- Map
- Local Demand
- City
- Long Island City
- County
- Queens
- State
- New York
- Longitude
- -73.930215
- Latitude
- 40.737727
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Retail property near subway and LIRR in Long Island City.
Where is this storefront property located?
The property is located at 21-01 49th Ave Long Island City, NY.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Prime location directly in front of the 7 Train subway entrance and the Hunters Point LIRR Train Station.; Significant redevelopment potential with 13,700 square feet of available air rights, allowing for a total buildable area of 18,000 square feet.; Located in a rapidly growing area of Long Island City, benefiting from the Future (OneLIC Plan) rezoning initiative.
