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    47-61 Pearson Pl Long Island City, NY 11101

    For Lease
    Contact for pricing

    17,500 SF Multi-Use Building in Queens

    Lot size:
    17,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Long Island City property at 47-61 Pearson Place offers 17,500 square feet of versatile space, ideal for a variety of uses. The building is zoned M1-4 and features a mix of executive office, creative office, flex, and warehouse space, making it suitable for businesses seeking a unique and adaptable environment. With a minimum divisible space of 6,500 square feet and a maximum contiguous space of 11,000 square feet, this property caters to businesses of various sizes. The entire 17,500 square feet is currently vacant, presenting a rare opportunity for a single tenant to occupy the entire building or for multiple tenants to lease individual spaces. The high ceilings, measuring 13 feet, provide ample vertical space, perfect for storage or creative design. The building also includes elevators for convenient access to all floors. Located in Queens County, New York, with a zip code of 11101, this property benefits from its strategic location in Long Island City, offering easy access to major transportation routes and a vibrant urban environment. The property's APN is 98-22. This is a truly unique opportunity to secure a substantial and adaptable space in a highly sought-after location.

    Property Features for 47-61 Pearson Pl

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,500 SF

    Unit(s) available at that property

    Space
    4th Floor (Divisible)
    Size
    17,500 SF

    HighLights

    • 17,500 SF available, divisible to 11,000 SF or 6,500 SF.
    • 4th floor space.
    • Recently renovated.
    • Features an 8' x 16' freight elevator and multiple loading docks accommodating large trucks.
    • Fireproof and fully sprinklered construction.
    • Fully air‑conditioned with gas heat and abundant natural light.
    Property Profile Location Intelligence

    Current Use by Public Records

    Elegant Essence Inc. Corporate Office Go Tufting NYC Artistic Handicrafts Lampem's Gallery Antique Store Complete Renovation & Contracting General Contractor Zarnegin International Rug ... Building Materials Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -73.9418159
    Latitude
    40.7421878

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    FAQs

    What type of property is this?
    Office space - 17,500 SF Multi-Use Building in Queens
    Where is this office space located?
    The property is located at 47-61 Pearson Pl Long Island City, NY.
    What are key features of this property?
    This property features: 17,500 SF available, divisible to 11,000 SF or 6,500 SF.; 4th floor space.; Recently renovated.
    Request Owner's contact information
    47-61 Pearson Pl 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
    47-61 Pearson Pl Long Island City, NY 11101
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