Retail Storefront
2914 39TH AVE Unit C Long Island City, NY 11101
2914 39TH AVE Unit C, Long Island City, NY, 11101
$1,696,000
For Sale
$1,696,000
Retail storefront unit for sale with walkable access to N, W, F and 7 trains and local buses.
Property Size2,828 SF
Price / SF$599.72
Days on Market245
Property Features for 2914 39TH AVE Unit C
General Information
- Standard status
- Active
- Size
- 2,828 SF
- Property subtype
- Retail
Listing agency
E Realty International Corp
(646) 688-8998
Listed by
Hsin Yuan Yang · License #10311205376
(646) 688-8998
Source
Xome
Added: Nov 19, 2025 Updated: Jul 20 at 5:57PM Checked: Jul 21 at 3:04AM
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 E Realty International Corp
Investment Insights
Based on property information with market context.
Available for sale is a prime retail storefront unit, Unit C, at 2914 39TH AVE in Long Island City, NY 11101. The space is configured as retail storefront real estate and totals 2,828 square feet.
The property is described as having convenient access to nearby transportation, with N, W, F and 7 trains and local buses within walking distance. This makes the unit well-suited for retailers seeking an accessible location for customers and employees.
For a complete review of layout and condition details, please contact the listing broker to schedule a showing and discuss how the storefront can be adapted for your intended use.
The property is described as having convenient access to nearby transportation, with N, W, F and 7 trains and local buses within walking distance. This makes the unit well-suited for retailers seeking an accessible location for customers and employees.
For a complete review of layout and condition details, please contact the listing broker to schedule a showing and discuss how the storefront can be adapted for your intended use.
Key Highlights
- Retail storefront unit for sale in Long Island City
- Walkable access to N, W, F and 7 subway trains plus local buses
- Central air cooling
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $84.8k | $30.00 |
| − Vacancy | −$12.7k | −$4.50 |
| EGI | $72.1k | $25.50 |
| − OpEx | −$21.6k | −$7.65 |
| NOI | $50.5k | $17.85 |
2,828 SF · lease $30.00/SF/yr · vacancy 15.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$721.1K
$631.0K – $841.3K
NOI $50,480 @ 7.0% cap · market cap 2.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.08M
$1.82M – $2.43M
NOI $145,938 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
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Similar Off Market Nearby
- 1-800-Flowers — 3601 47th Ave, Long Island City, NY 11101
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- E-Z Flowers Inc. — 4545 36th st, long island city, ny 11101
- Tin Can Studios — 47-10 32nd Pl Suite 302, Queens, NY 11101
FAQs
What type of property is this?
Storefront property - Retail storefront unit for sale with walkable access to N, W, F and 7 trains and local buses.
Where is this storefront property located?
The property is located at 2914 39TH AVE Unit C Long Island City, NY.
What is the asking price?
The asking price for this property is $1,696,000.
What are key features of this property?
This property features: Retail storefront unit for sale in Long Island City; Walkable access to N, W, F and 7 subway trains plus local buses; Central air cooling
