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    3460 48Th St Long Island city, NY 11101

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    For Lease
    Contact for pricing

    Prime LIC Retail, 6,750 SF, 400+ Parking

    Lot size:
    6,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Plaza 48, located at 3460 48th Street in Long Island City, New York, 11101, presents a unique opportunity for a single-tenant retail business. This strip center property boasts a substantial 6,750 square feet of entirely vacant space, ready for immediate occupancy. The building's prime location offers exceptional visibility and accessibility, further enhanced by the availability of 400+ parking spaces, ensuring ample convenience for customers and employees. The property is classified as retail and is situated in the vibrant Long Island City market, known for its diverse population and strong economic activity. The address is easily accessible via major roadways and public transportation, making it an ideal location for a wide range of retail businesses. The entire 6,750 square foot space is available, providing a blank canvas for a business to create its ideal retail environment. This presents a rare opportunity to secure a significant retail footprint in a high-demand area. The ample parking significantly increases the property's appeal and potential for success. This property is perfect for a business seeking a large, highly visible space in a thriving New York City neighborhood.

    Property Features for 3460 48Th St

    General Information

    Property type
    Strip malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,750 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    6,750 SF

    HighLights

    • Ample parking with 400+ spaces.
    • High‑traffic location with direct access to Northern Boulevard (35,000+ VPD).
    • BJ's Wholesale Club and Burlington Coat Factory anchored shopping center.
    • Strong co‑tenancy with BJ's, Burlington, and Dunkin'.
    Property Profile Location Intelligence

    Current Use by Public Records

    Plaza 48 Shopping Mall Queens Church Church

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Island city
    County
    Queens
    State
    New York
    Longitude
    -73.91679245
    Latitude
    40.75267585

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    FAQs

    What type of property is this?
    Strip mall - Prime LIC Retail, 6,750 SF, 400+ Parking
    Where is this strip mall located?
    The property is located at 3460 48Th St Long Island city, NY.
    What are key features of this property?
    This property features: Ample parking with 400+ spaces.; High-traffic location with direct access to Northern Boulevard (35,000+ VPD).; BJ's Wholesale Club and Burlington Coat Factory anchored shopping center.
    Request Owner's contact information
    3460 48Th St Long Island city, NY 11101
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    Long Island city, NY 11101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3460 48Th St Long Island city, NY 11101
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