Ground-Floor Retail
For Sale
$1,835,000
S1-4104 27th Street, New York, NY 11101
Ground-floor retail condominium with a bakery tenant in place and a lease extending through October 2031.
Property Size1,468 SF
Price / SF$1,250
Days on Market16
Property Features for S1-4104 27th Street
General Information
Standard status
Active
Size
1,468 SF
Listing Agency:
B Square Realty
(929) 366-6682
Listed By:
Yiwen Zhu · License #1027686
(929) 366-6682
Source:
Exprealty
Added: Jul 17
Changed: Jul 28
Last Checked: Jul 31 at 6:55PM
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 B Square Realty
Investment Insights
Based on property information with market context.
This ground-floor retail condominium offers approximately 1,468 SF of street-facing retail space. A bakery tenant is currently in place under an existing lease with annual rent reported at $91,842, and the lease extends through October 2031. The property also states a benefit from ICAP tax abatement, supporting notably low real estate taxes.
The offering is described as being in the heart of Long Island City with strong street visibility. It is conveniently located within walking distance to E, F, M, R, and 7 subway lines.
For investors seeking long-term income, this asset is presented as a stable, income-producing retail unit with in-place tenancy and defined lease term.
The offering is described as being in the heart of Long Island City with strong street visibility. It is conveniently located within walking distance to E, F, M, R, and 7 subway lines.
For investors seeking long-term income, this asset is presented as a stable, income-producing retail unit with in-place tenancy and defined lease term.
Key Highlights
- Approximately 1,468 SF ground‑floor retail condominium with a bakery tenant in place
- Current annual rent of $91,842 with lease secured through October 2031
- Retail unit is in the heart of Long Island City with strong street visibility
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
25,011
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Ground-floor retail condominium with a bakery tenant in place and a lease extending through October 2031.
Where is this storefront property located?
The property is located at S1-4104 27th Street New York, NY.
What is the asking price?
The asking price for this property is $1,835,000.
What are key features of this property?
This property features: Approximately 1,468 SF ground‑floor retail condominium with a bakery tenant in place; Current annual rent of $91,842 with lease secured through October 2031; Retail unit is in the heart of Long Island City with strong street visibility
