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Ground Floor Warehouse with Drive-In
For Lease
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516 47th Ave, Long Island City, NY 11101

Ground floor warehouse with drive-in access plus second-floor office space, gas heat, restrooms, and split HVAC units.

Space Size4,000 SF
Days on Market56

Property Features for 516 47th Ave

General Information

Standard status Active
Size 4,000 SF
Property subtype INDUSTRIAL

Spaces For Lease

at 516 47th Ave Contact us

516 47th Ave

Floor
1
Size
4,000 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 4,000 Sq. Ft. Ground Floor Warehouse - Gas Heat - Drive-In - Restrooms - 900 Sq....
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Listing Agency: Pinnacle Realty
Listed By: James Ege
Source: Moodyscre
Added: Jul 23 Changed: Sep 9 Last Checked: Sep 15 at 5:42AM

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 Pinnacle Realty

Investment Insights

Based on property information with market context.

This is a 4,000 square foot ground floor warehouse featuring drive-in access and gas heat, along with restrooms. A separate 900 square foot second-floor office is included, accessed via a private entrance. The space is supported with split units for heat and AC to help maintain comfort across both warehouse and office areas.

Located in Long Island City, the property also provides convenient transit access, including a subway option described as one stop to Grand Central and access to the NYC Ferry.

The configuration combines practical warehouse functionality on the ground level with dedicated office space above, making it suitable for operations that need both storage and an on-site administrative area.

Key Highlights

  • 4,000 SF ground‑floor warehouse with drive‑in access
  • 900 SF second‑floor office space with private entrance
  • Gas heat, plus split HVAC units for heat and AC

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Nursing Home Butcher Tanning Salon Adult Day Care 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,091
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Long Island City, NY

$25.76 /SF/Yr
Avg Asking Price
$20–$32.31 /SF/Yr
Price Range
12,577 SF
Avg Space Size

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Ground floor warehouse with drive-in access plus second-floor office space, gas heat, restrooms, and split HVAC units.
Where is this flex space located?
The property is located at 516 47th Ave Long Island City, NY.
What are key features of this property?
This property features: 4,000 SF ground‑floor warehouse with drive‑in access; 900 SF second‑floor office space with private entrance; Gas heat, plus split HVAC units for heat and AC
(718) 371-6423 Call to check price and availability
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