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Off Market
1/5

47-28 11th St
Long Island City, NY 11101


OVERVIEW

This offering features a 3,672 SF retail condominium located on the corner of 11th Street and 47th Avenue in Long Island City (Queens). The unit occupies the entire lower level of The Corner, a luxury seven-story, 23-unit residential building completed in 2015. The space is currently leased to Bunny Hill Daycare & Preschool, which took possession in April 2018. They have submitted their six-month notice and are expected to vacate the premises in January 2026. The space is currently configured as a daycare, with a Certificate of Occupancy in place for such use, and is divided into four classrooms. The property will be delivered vacant. This is a rare opportunity to acquire a value-add commercial condo in a prime Long Island City location—just one subway stop from Manhattan. The property is a short four-minute walk (0.1 miles) from the Vernon Boulevard–Jackson Avenue Station (7 Train) and is adjacent to the 21st Street–Van Station (G Train).

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

New Construction - Delivered Vacant

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

24787

STORIES

7

YEAR BUILT

2016

PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

00045-1113,00045-1116