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Ground-Floor Retail Condominium
For Sale
$1,835,000

4104 27th Street #S1, Long Island City, NY 11101

Ground-floor retail condo leased to a bakery through October 2031 with current annual rent of $91,842.

Property Size1,468 SF
Price / SF$1,250
Days on Market39

Property Features for 4104 27th Street #S1

General Information

Standard status Active
Size 1,468 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $3,036

Building Details

Building Size 1,468 SF
Year Built 2015
Tenancy Single
Listing Agency: B Square Realty
Listed By: Yiwen Zhu · License #1027686
Source: Cohenandcohenrealty
Added: Jul 17 Changed: Aug 24 Last Checked: Aug 23 at 6:38AM

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 B Square Realty

Investment Insights

Based on property information with market context.

This ground-floor retail condominium is approximately 1,468 SF and is currently leased to a bakery tenant under a lease secured through October 2031. The property has strong street visibility and is generating current annual rent of $91,842.

The asset is located at 4104 27th St S1 in Queens, NY 11101, within walking distance of the E, F, M, R, and 7 subway lines. The offering also references ICAP tax abatement, which is positioned to result in exceptionally low real estate taxes and attractive cash flow.

Key Highlights

  • 1,468 SF ground‑floor retail condominium in Long Island City, built in 2015
  • Leased to a bakery tenant with current annual rent of $91,842
  • Lease secured through October 2031

Property Analytics

Current Use

4014 27th st ... Bakery

Suggested Use

Top Pick Nursing Home Acupuncture Adult Day Care (Bike/Boat/Book/etc) Store Pet Grooming Service Clothing & Fashion 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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

6,446
Businesses Nearby
96k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 41% Hotels & Casinos 33% Dining 24% Electronics 2%
BP Shops & Services
11,939 visits/mo 0.4 miles
Shell Shops & Services
11,847 visits/mo 0.5 miles
Starbucks Dining
11,749 visits/mo 0.5 miles
Dunkin' Donuts Dining
9,306 visits/mo 0.3 miles
Courtyard Long Island City/New York Manhattan View Hotels & Casinos
8,598 visits/mo 0.0 miles

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

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor retail condo leased to a bakery through October 2031 with current annual rent of $91,842.
Where is this retail space located?
The property is located at 4104 27th Street #S1 Long Island City, NY.
What is the asking price?
The asking price for this property is $1,835,000.
What are key features of this property?
This property features: 1,468 SF ground‑floor retail condominium in Long Island City, built in 2015; Leased to a bakery tenant with current annual rent of $91,842; Lease secured through October 2031
More about this property
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