Documents
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Attributes
Year Built | 2010 |
Building Area |
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Land Area |
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Number of units | 33 |
Property Description
The offering is comprised of approximately 7,384 SF or retail space at the
base of the 1 Vernon Jackson tower condominium. The building benefits
from high visibility, with 141 feet of combined frontage and drawing foot
traffic from the Vernon Boulevard-Jackson Avenue Station 7 train on the
north end of the block and the Long Island City Long Island Railroad stop a
block south on Borden Avenue.
There are two separate commercial units in the retail condominium. These
retail spaces are fully leased with medical tenants. Together, the commercial
spaces currently generate over $350,000 in annual revenue. In the current
post-COVID retail climate, medical tenants are a highly sought-after tenant.
Investment Highlights
- Premier Long Island City location
- 141' of frontage
- 2 retail units, fully occupied
- ICAP tax exemption

