RETAIL FOR LEASE · BROOKLYN-QUEENS EXPRESSWAY (I-278) TRANSIT TIME *TRANSIT TIMES DO NOT INCLUDE...

8
RETAIL FOR LEASE 47-11 Austell Place, LONG ISLAND CITY, NY

Transcript of RETAIL FOR LEASE · BROOKLYN-QUEENS EXPRESSWAY (I-278) TRANSIT TIME *TRANSIT TIMES DO NOT INCLUDE...

Page 1: RETAIL FOR LEASE · BROOKLYN-QUEENS EXPRESSWAY (I-278) TRANSIT TIME *TRANSIT TIMES DO NOT INCLUDE WALKING TIMES 07 MIN 15 MIN 15 MIN 17 MIN 18 MIN 25 MIN GRAND CENTRAL PENN STATION

RETAIL FOR LEASE47-11 Austell Place, LONG ISLAND CITY, NY

Page 2: RETAIL FOR LEASE · BROOKLYN-QUEENS EXPRESSWAY (I-278) TRANSIT TIME *TRANSIT TIMES DO NOT INCLUDE WALKING TIMES 07 MIN 15 MIN 15 MIN 17 MIN 18 MIN 25 MIN GRAND CENTRAL PENN STATION

TOTAL RSF

168,076 SFRETAIL SPACE

2,861 SFRETAIL

CEILING HEIGHT

16’4’’

LOCATIONBetween Skillman Avenue & 27th Street

HIGHLIGHTS 7 Minute Via Subway To Grand Central Incredible Branding And Signage Opportunities State Of The Art Mechanical And Building Systems The fastest growing neighborhood in the U.S. with a development pipeline of 4 million s/f of commercial space. Mixed-use character, cultural vibrancy and interdependence among the diverse businesses are this neighborhood’s greatest assets, which creates a perfect recipe for the district’s future success.

SITE STATUSRedevelopment - Delivering Summer 2018

PPSFUpon Request

Average HHI of $75,646 Over 170,000 residents Over the next few years more than 10,000 residential units will be brought to market, which will nearly double the existing inventory Currently 32 Hotels with 3,200+ rooms, 33 Hotels with 4,600 +rooms in planning/construction

DEMOGRAPHICS/TRENDS

AUSTELL PLACE47-11 Austell Place LONG ISLAND CITY, NY

Page 3: RETAIL FOR LEASE · BROOKLYN-QUEENS EXPRESSWAY (I-278) TRANSIT TIME *TRANSIT TIMES DO NOT INCLUDE WALKING TIMES 07 MIN 15 MIN 15 MIN 17 MIN 18 MIN 25 MIN GRAND CENTRAL PENN STATION

RETAIL FLOORPLAN

AUSTELL PLACE47-11 Austell Place LONG ISLAND CITY, NY

Queensboro Bridge

10th

St

13th

StVe

rnon

Blv

d

Vern

on B

lvd

23rd

St

39th Ave

40th Ave

Hon

37th Ave

36th Ave22

nd S

t13th

St

9th

St

38th Ave

24th

St

32nd

St

31st

St

29th

St

28th

St

27th

St

Cre

scen

t St

745

5690

81

86

84

40

793275 82

RETAIL AREA

Page 4: RETAIL FOR LEASE · BROOKLYN-QUEENS EXPRESSWAY (I-278) TRANSIT TIME *TRANSIT TIMES DO NOT INCLUDE WALKING TIMES 07 MIN 15 MIN 15 MIN 17 MIN 18 MIN 25 MIN GRAND CENTRAL PENN STATION

36

NEIGHBORHOOD & TRANSPORTATION

NEARBY MIDTOWN TUNNEL QUEENSBORO/59TH ST. BRIDGE LONG ISLAND EXPRESSWAY (I-495) BROOKLYN-QUEENS EXPRESSWAY (I-278)

TRANSIT TIME*TRANSIT TIMES DO NOT INCLUDE WALKING TIMES

07 MIN15 MIN15 MIN17 MIN18 MIN25 MIN

GRAND CENTRALPENN STATIONWILLIAMSBURGUNION SQUAREHUDSON YARDSWAL STREET

E

G

M

FR

LIRR

TRAINS

7

Well positioned near several major transportation lines, Astoria and Greenpoint, and surrounded by some of the best places to eat, drink, shop, and experience art and culture. A resurgence of upscale developments catering to the creative class for work and play has made LIC one of the most desirable neighborhoods for a wide range of tenants.13 MTA subway stations and eight lines, 17 bus lines, the LIRR, expanded ferry service, four bridges, one tunnel to Manhattan, access to main roads and major highways, and LaGuardia & JFK Airports.

Northern Blvd

42nd

St

43rd

St

45th

St 47

th S

t

Page 5: RETAIL FOR LEASE · BROOKLYN-QUEENS EXPRESSWAY (I-278) TRANSIT TIME *TRANSIT TIMES DO NOT INCLUDE WALKING TIMES 07 MIN 15 MIN 15 MIN 17 MIN 18 MIN 25 MIN GRAND CENTRAL PENN STATION

MoMA PS1 SWEET AFTON DUTCH KILLS LIC MARKETNOGUCHI MUSEUM

Jackson Ave

33th

St

31st

St

30th

St

31st

Pl

Van

Dam

St

Greenpoint

47th Ave

Hunters Point Ave

Starr Ave

Borden Ave

51st Ave

Thomson Ave

45th Ave45th Rd

12th

St 13

th S

t

9th

St

44th Ave11

th S

t11

th S

t

21st

St

Honeyw

ell St

43

Skillman

43rd Ave

27th

st

49th AveAve

35th

St

35th St

37th

St

39th

St 39

th P

l

48th Ave

3361

42

43

52

53

71

75

Page 6: RETAIL FOR LEASE · BROOKLYN-QUEENS EXPRESSWAY (I-278) TRANSIT TIME *TRANSIT TIMES DO NOT INCLUDE WALKING TIMES 07 MIN 15 MIN 15 MIN 17 MIN 18 MIN 25 MIN GRAND CENTRAL PENN STATION

DEMOGRAPHICS

POPULATION AGE

20-34 YRS

34%45-59 YRS

17%

UNDER 19 YRS

16%

60 YRS & OLDER

16%34-45 YRS

17% Fidelis CareBrooks BrothersCitibankJ.Crew/MadewellJetBlueKaufman Astoria StudiosLyftNYC DOHRalph LaurenSilvercup StudiosUberVayner Media

LARGE EMPLOYERS

170,000 RESIDENTS

115,000 EMPLOYEES

6,600 BUSINESSES AVERAGE HHI OF

$75,646

eenpoint Ave

50th Ave

Queens Blvd

43rd Ave

Skillman Ave

41t

h S

t

rd S

t4

4th

St

42n

d S

t

44

th S

t

46

th S

t4

6th

St

48

th S

t

49

th S

t

Page 7: RETAIL FOR LEASE · BROOKLYN-QUEENS EXPRESSWAY (I-278) TRANSIT TIME *TRANSIT TIMES DO NOT INCLUDE WALKING TIMES 07 MIN 15 MIN 15 MIN 17 MIN 18 MIN 25 MIN GRAND CENTRAL PENN STATION

COMMERCIAL & INDUSTRIALDEVELOPMENT

RETAILDEVELOPMENT

HOTELDEVELOPMENT

RESIDENTIAL DEVELOPMENT

CURRENT PROJECTED

8MSF existing

5.3Madditional SF announced

414K+SF existing

536K+additional SF by 2021

323,200+

hotels

hotel rooms

334,600+

hotels

hotel rooms

“Long Island City is the fastest growing city in the country” – New York Magazine, 2017

6,232 10,282existing units projected units

Page 8: RETAIL FOR LEASE · BROOKLYN-QUEENS EXPRESSWAY (I-278) TRANSIT TIME *TRANSIT TIMES DO NOT INCLUDE WALKING TIMES 07 MIN 15 MIN 15 MIN 17 MIN 18 MIN 25 MIN GRAND CENTRAL PENN STATION

CONTACT US

NICK DRIES

Phone:E-mail:

[email protected]

BRENDAN THRAPP

Phone:E-mail:

[email protected]

CAMILLO SPINOSO

Phone:E-mail:

[email protected]