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New Medical Office Space
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5-33 48th Avenue, Long Island City, NY 11101

Ground-floor clinical space with multiple exam rooms, transit access, and around-the-clock entry in Long Island City.

Space Size3,389 SF
Days on Market130

Property Features for 5-33 48th Avenue

General Information

Standard status Active
Size 3,389 SF
Net Rentable 3,389 SF
Class A
Property subtype Office, Retail

Space & Availability

Available Space 3,389 SF
Contiguous Space 3,389 SF
Space Use Medical Office

Amenities

24-hour access

Building Details

Tenancy Multiple

Spaces For Lease

at 5-33 48th Avenue Contact us

Retail or Medical Office

Size
3,389 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Greiner-Maltz Company of New York, Inc.
Listed By: Kostas Alafoyiannis · License #NY
Source: Crexi
Added: Apr 24 Changed: Aug 30 Last Checked: Aug 30 at 1:25PM

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 Greiner-Maltz Company of New York, Inc.

Investment Insights

Based on property information with market context.

Newly constructed medical office space occupies 3,389 SF on the ground floor and is arranged with 12 exam rooms. The configuration can also accommodate retail or showroom use, providing a dedicated clinical layout within a modern commercial setting. Building access is available 24 hours a day.

The property is in Long Island City with direct service from multiple MTA bus lines and a 2-minute walk to the 7-train for Manhattan access. Midtown Tunnel and Greenpoint, Brooklyn are minutes away, while hospitals and specialty practices are also within minutes. The location carries a walk score of 96 and a transit score of 100.

Key Highlights

  • 3,389 SF of ground‑floor medical office space
  • 12 exam rooms in a purpose‑built clinical layout
  • New construction with 24‑hour building access

Property Analytics

Current Use

The Zipper Apartment Building Master Panda Cafe & Coffee Shop Vikkie Hair Lab Hair Salon SOUL PRETTY NAIL ... Nail Salon Big Apple Intercom ... Security Service

Suggested Use

Top Pick Auto Parts Store Nursing Home Butcher Mobile Phone Store Daycare Center 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,739
Businesses Nearby
Balanced
Demand for This Use

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

$44.56 /SF/Yr
Avg Asking Price
$18–$75.37 /SF/Yr
Price Range
3,039 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Ground-floor clinical space with multiple exam rooms, transit access, and around-the-clock entry in Long Island City.
Where is this medical office space located?
The property is located at 5-33 48th Avenue Long Island City, NY.
What are key features of this property?
This property features: 3,389 SF of ground‑floor medical office space; 12 exam rooms in a purpose‑built clinical layout; New construction with 24‑hour building access
More about this property
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