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Off Market
1/1

2130 44th Dr
Long Island City, NY 11101


HIGHLIGHTS

  • Immediate Cash Flow with Long-Term Tenants
  • High NOI
  • 15-year ICAP in Effect Through June 2037
  • Neighborhood Growth is 5x Faster than the Growth Rate for all of NYC (Source: LIC Partnership)
  • Located in Transit Hub of 8 Subway Train Lines, 15 Bus Lines & 3 Ferry Landings
  • Notable Neighbors: MoMa Ps1, Trader Joe's, Target, Starbucks, Chipotle, CUNY Law School, Orange Theory, Sweetgreen, Paris Baquette

OVERVIEW

Built in 2019, Corte is an 8-story, 85-unit residential and two-unit commercial mixed-use condominium designed by Argentinian architects Dieguez Friedman and New York-based Beyer Blinder Belle. CORTE is a bold building with clean lines and rich architectural details, featuring a contemporary façade composed of full-height Wicona-Italian glass windows wrapping a cascade of “jewel box”-style units, creating a visually stunning experience. About the Neighborhood – Long Island City Long Island City is located in the western section of Queens. The population grew by 40% between 2010 and 2020. This growth is 5x faster than the growth rate for NYC. Foot traffic along Jackson Avenue, just one block from Corte, has increased more than 300% since 2007 (source: LIC Partnership). Neighborhood Facts * Eight subway lines – 7, E, F, G, M, N, R, W * 15 Bus lines * 74 Citi Bike Stations * 3 Ferry Landings * Close proximity to La Guardia and JFK airports * Notable Corte neighbors include: MoMa PS1, Trader Joe’s, Target, Starbucks, Chipotle, Sweetgreen, CUNY School of Law, Orange Theory, Paris Baguette

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

CORTE

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

16232

STORIES

1

YEAR BUILT

2019

PARKING SPACES

-

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

00078-1103,00078-1150,00078-1155,00078-1156,00078-1163,00078-1168,00078-1188,00078-1193,00078-1194,00078-1198