45-01 NORTHERN BLVD & 34-08 46TH STREET Retail FOR SALE


Long Island City, NY
$31,000,000 USD
917-887-5441
, Long Island City, NY for Sale
$31,000,000 USD
Retail - FOR SALE
1/2
null | 6.35% Cap Rate

45-01 NORTHERN BLVD & 34-08 46TH STREET
Long Island City, NY


HIGHLIGHTS

  • Fully renovated
  • Blocks from M, D, E,& F Subway
  • 50% leased
  • Stable in place cash flow

OVERVIEW

Cushman & Wakefield has been exclusively retained to arrange for the sale of 45-01 Northern Boulevard and 34-08 46th Street, two contiguous commercial properties located in the highly desirable Long Island City neighborhood of Queens. Together, the assets occupy a full blockfront along Northern Boulevard, between 45th and 46th Streets. 45-01 Northern Boulevard sits on a 22,997-square-foot lot and is improved by a two-story, 69,000-square-foot building. Adjacent, 34-08 46th Street occupies a 6,000-square-foot lot with a two-story, 9,800-square-foot building. Both buildings are configured with a mix of industrial, retail, and office space, and the offering includes approximately 12,000 square feet of on-site parking. The property benefits from exceptional transportation access, located directly on Northern Boulevard and within close proximity to the Grand Central Parkway, Queens Boulevard, and the Long Island Expressway. It is also steps from multiple subway stations — including 36th Street, 46th Street, Steinway Street, and Northern Boulevard — served by the E, M, R, N, and W lines, offering a direct commute to Midtown Manhattan in under 20 minutes and easy accessibility to other parts of Queens. Offering full block-through frontage, a flexible mixed-use layout, and strong connectivity, 45- 01 Northern Boulevard and 34-08 46th Street represent a rare investment opportunity in one of New York City’s most dynamic and rapidly evolving neighborhoods.

ASK ABOUT THIS PROPERTY

Dylan WalshCushman & WakefieldMore Info
917-887-5441

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Dylan WalshCushman & WakefieldMore Info
917-887-5441

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