21-01 49th Avenue, Astoria, NY 11101

Property Description

Rare Opportunity to acquire a highly visible corner property directly in front of the Hunters Point Avenue 7 Train station and steps from the Long Island City/Hunters Point LIRR station. The property features approximately 4,300 SF of existing retail space on a 9,000 SF lot, with an impressive 140 feet of frontage along 49th Avenue. Property Highlights: -4,300 SF existing retail. -9,000 SF lot – 30' x 300'. -140' of retail frontage. -18,000 buildable SF. -Approximately 13,700 SF of unused development rights. -M3-1 zoning. -Directly in front of the 7 Train. -Steps from the LIRR. -Approximately 5 minutes to Midtown Manhattan. -Directly across from Starbucks. -Surrounded by major new residential development. -Located within the broader OneLIC rezoning area. The property consists of an approximately 3,400 SF corner retail building plus a separate 900 SF retail building currently generating $5,000 per month / $60,000 annually from a deli tenant with no long-term lease in place. The space may also be delivered vacant. With exceptional frontage, immediate transit access, existing income, and substantial development rights, 2101 49th Avenue offers a compelling opportunity for investors, developers, owner-users, and retail operators in one of Long Island City’s fastest-growing neighborhoods. Featured Commercial Sales.