Building Details

Building Size 700 SF

Listing Agency: Prospes Real Estate Corp

Listed By: Guilian Waltzer · License #10401349105 Show Phone

Source: Cbwarburg

Added: Jan 13 Changed: Aug 31 Last Checked: Sep 2 at 2:30AM

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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 Prospes Real Estate Corp

Investment Insights

Based on property information with market context.

This office unit is configured as a suite at 2525 Borden Ave, Suite 221. The offering is available for rent in Long Island City, New York 11101.

Key Highlights

• Office unit available for rent
• Suite 221 at 2525 Borden Ave, Long Island City, NY 11101

Property Analytics

Property Profile

Current Use

Oku Okoko Photography ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Dental Office Pharmacy Law Firm Garden Center Real Estate Agency

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

$5.40 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

4,261

Businesses Nearby

Explore this area Business Placement

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

$38.74 /SF/Yr

Avg Asking Price

$12–$75.37 /SF/Yr

Price Range

9,267 SF

Avg Space Size

This space is priced 7% below the average of $38.74 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Business space is available in Long Island City for commercial occupancy.

Where is this office units located?

The property is located at 2525 Borden Ave Unit #221 Long Island City, NY.

What is the lease rate?

The lease rate is $2,100/Mo.

What are key features of this property?

This property features: Office unit available for rent; Suite 221 at 2525 Borden Ave, Long Island City, NY 11101