Large Retail Space Near
For Lease
Contact for pricing
5-01 51st Ave, Long Island City, NY 11101
Flexible retail availability offers full-building branding and potential division into separate spaces.
Space Size18,973 SF
Days on Market93
Property Features for 5-01 51st Ave
General Information
Standard status
Active
Size
18,973 SF
Class
Unclassified
Property subtype
retail
Spaces For Lease
at 5-01 51st Ave Contact usAvailable Space Immediate
Floor
2nd
Size
18,973 SF
Type
Retail
Term
Negotiable
Available Space Immediate
Floor
Ground
Size
18,973 SF
Type
Retail
Term
Negotiable
Listing Agency:
New York
(212) 812-5700
Listed By:
Ryan P. Condren · License #40CO1167774
(212) 220-4117
Source:
Property.jll
Added: Jul 16
Changed: Oct 11
Last Checked: Oct 14 at 7:45PM
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 New York
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 18,973-square-foot retail space is available for lease in Long Island City. The opportunity includes the ability to brand the full building, while the layout can be considered for division into separate areas. All uses are subject to consideration, providing flexibility for a range of retail concepts and configurations.
The property is located at 5-01 51st Ave, two blocks from the 7-train subway station at Vernon Blvd. and 50th Ave. The site also carries potential for rooftop development, creating an additional element for consideration in planning the property’s future use.
The property is located at 5-01 51st Ave, two blocks from the 7-train subway station at Vernon Blvd. and 50th Ave. The site also carries potential for rooftop development, creating an additional element for consideration in planning the property’s future use.
Key Highlights
- 18,973 SF of retail space available for lease
- Full‑building branding opportunity
- Open to logical divisions for separate spaces
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
4,928
Businesses Nearby
84k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 54%
Shops & Services 27%
Dining 17%
Home Improvements & Furnishings 2%
Key Food
Groceries
45,409 visits/mo
0.5 miles
BP
Shops & Services
9,895 visits/mo
0.4 miles
Dunkin' Donuts
Dining
7,858 visits/mo
0.3 miles
Dunkin' Donuts
Dining
6,235 visits/mo
0.5 miles
Exxon
Shops & Services
3,291 visits/mo
0.4 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
Lease Benchmarks for Long Island City, NY
$63.38 /SF/Yr
Avg Asking Price
$25.38–$120 /SF/Yr
Price Range
4,439 SF
Avg Space Size
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Flexible retail availability offers full-building branding and potential division into separate spaces.
Where is this retail space located?
The property is located at 5-01 51st Ave Long Island City, NY.
What are key features of this property?
This property features: 18,973 SF of retail space available for lease; Full‑building branding opportunity; Open to logical divisions for separate spaces
