Leased Retail Condominium
For Sale
$2,041,000
4104 27th Street #S2, Long Island City, NY 11101
Fully leased retail condominium unit occupied by a neighborhood deli, producing stated annual rental income.
Property Size1,570 SF
Price / SF$1,300
Days on Market49
Property Features for 4104 27th Street #S2
General Information
Standard status
Active
Size
1,570 SF
Property subtype
Commercial
Occupancy
100%
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$4,356
Amenities
Central air
Central Air Cooling
Electric Heating
Building Details
Year Built
2015
Tenancy
Single
Listing Agency:
B SQUARE REALTY
Listed By:
YIWEN ZHU · License #1027686
(718) 939-8388
Source:
Corcoran
Added: Jul 18
Changed: Sep 3
Last Checked: Sep 4 at 2:32AM
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 retail condominium unit is offered fully leased to an established neighborhood deli. The space is approximately 1,570 square feet and is generating $104,335 in annual rental income, with the property described as having low operating expenses due to ICAP tax abatement.
Located in the core of Long Island City, the asset sits within a high-density residential area surrounded by new developments, supported by strong pedestrian traffic.
For buyers seeking a retail investment with an in-place tenant, this unit presents a straightforward, occupied setup within a dense neighborhood retail environment.
Located in the core of Long Island City, the asset sits within a high-density residential area surrounded by new developments, supported by strong pedestrian traffic.
For buyers seeking a retail investment with an in-place tenant, this unit presents a straightforward, occupied setup within a dense neighborhood retail environment.
Key Highlights
- Fully leased retail condominium occupied by an established neighborhood deli
- Approximately 1,570 SF retail space
- Generates stated annual rental income of $104,335
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
6,446
Businesses Nearby
96k
Monthly Visits Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Fully leased retail condominium unit occupied by a neighborhood deli, producing stated annual rental income.
Where is this retail space located?
The property is located at 4104 27th Street #S2 Long Island City, NY.
What is the asking price?
The asking price for this property is $2,041,000.
What are key features of this property?
This property features: Fully leased retail condominium occupied by an established neighborhood deli; Approximately 1,570 SF retail space; Generates stated annual rental income of $104,335
