718-663-2639
5-28 51st Ave, Long Island City, NY for Sale
Office - FOR SALE
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5-28 51st Ave
Long Island City, NY 11101
Hunters Point


HIGHLIGHTS

  • Two-Story Commercial Flex Building offering 4,690 SF across two floors and mezzanine. A drive in bay door & curb cut allows for convenient loading
  • Prime Hunters Point Location Situated off Vernon Boulevard, just steps from the Vernon Blvd–Jackson Ave (7 train)
  • Residential Conversion Opportunity Flexible (M1-4/R6B) zoning permits office, studio, townhouse, or light industrial uses, and residential
  • High-Growth Submarket Hunters Point has seen over 12,000 new residential units added in the last decade
  • Vacant Owner-User Investment Opportunity Ideal for end users, investors, and developers

OVERVIEW

RIPCO REAL ESTATE has been retained on an exclusive basis to arrange for the sale of 5-28 51ST AVENUE, LONG ISLAND CITY 11101 — (the “Property”) - which consists of a vacant two-story, flex/office building with potential for residential conversion. 5-28 51st Avenue is a two-story flex-office building that was previously occupied as the headquarters of a trade union, and will be delivered vacant at closing. Situated off Vernon Boulevard, 5-28 51st Avenue sits in the heart of Hunters Point—one of Long Island City’s most dynamic mixed-use corridors. The property offers nearby access to multiple subway lines (7, E, G, M) and the East River Ferry, with quick connectivity to Midtown Manhattan, Brooklyn, and the greater Queens area. The surrounding area features a strong mix of luxury residential towers such as Hayden LIC and The Forge, alongside retailers including Trader Joe’s, Sweetleaf Coffee, and waterfront dining at Blend on the Water—making it ideal for owner-users, boutique tenants, or redevelopment into residential use. Just minutes from the Pulaski Bridge and Queens Midtown Tunnel, the property benefits from seamless regional access and is positioned at the center of Long Island City’s continued growth. For more information, please contact the exclusive brokers directly.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Industrial / Conversion Opportunity

PROPERTY TYPE

Office

ADD'L SUBTYPES

undefined, Loft/Creative Space, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

M1-4/R6B

APN/PARCEL ID

00034-0035

ASK ABOUT THIS PROPERTY

Stephen PreussRipco Real EstateMore Info
718-663-2639

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Stephen PreussRipco Real EstateMore Info
718-663-2639

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.