Map of Property

5-33 48th Avenue

5-33 48th Avenue, Long Island City, NY 11101

  • For Sale $7,250,000
  • Property Type Retail - Street Retail
  • Property Size 10,048 SF
  • Units 5
  • Date Updated Feb 27, 2025
North Side of 48th Avenue between 5th Street and Vernon Boulevard.Fully leased retail condo portfolio with five secure tenants beneath 41 luxury residences in Hunters Point. Prime 48th Avenue frontage near major transit and ferry access, benefiting from strong retail and residential demand. Potential for major rezoning in LIC, bringing thousands of new homes to the area.
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Highlights

  • 5 Adjacent Retail Condo Units - Fully Leased to Secure Tenants
  • 41 Luxury Condominiums Above
  • Prime frontage on 48th Avenue, close to major transit hubs and ferry access
  • Strong retail and residential demand in Hunters Point
  • Potential for Major Rezoning in LIC - thousands of new homes in the area

Contacts

broker
John Koutsos

B6 REAL ESTATE ADVISORS

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise

  • Transit Score ®

    100/100 Rider's Paradise

  • Bike Score ®

    82/100 Very Bikeable
Powered by Walk Score ®
  • City Long Island City, NY
  • Neighborhood Hunters Point
  • Zip Code 11101
  • Market Queens

Points of Interest

  • Long Island City Station Platform

    0.25 miles

  • 21st Street

    0.26 miles

  • Hunterpoint Ave (7)

    0.34 miles

  • Hunterspoint Avenue (7)

    0.37 miles

  • Hunters Point Avenue

    0.37 miles

  • Hunterspoint Station Platform

    0.41 miles

  • Court Square–23rd Street

    0.52 miles

  • Court Square

    0.58 miles

  • Midtown Operating

    0.72 miles

  • Queens Plaza (E,M,R)

    0.90 miles

  • Citgo

    0.21 miles

  • BP

    0.34 miles

  • Sunoco

    0.73 miles

  • Gulf

    0.76 miles

  • Bus Charging Station

    0.82 miles

  • ChargePoint

    0.95 miles

  • Mobil

    0.98 miles

  • Sonamax

    1.03 miles

  • Tesla Supercharger

    1.09 miles

  • Exxon

    1.09 miles

  • Quik Park

    0.24 miles

  • MTA NYCT Emergency Response Unit

    0.53 miles

  • LaGuardia Community College Parking Lot

    0.83 miles

  • Central Parking System of New York, Inc.

    0.87 miles

  • NYU Langone Parking Lot D

    0.91 miles

  • MTP Park

    0.92 miles

  • icon 24hr Parking

    0.96 miles

  • 20th Century Garage

    0.96 miles

  • Icon Parking

    0.97 miles

  • FDNY Fleet Services

    1.01 miles

  • Tamashi Ramen

    0.05 miles

  • Gizi Wine, Cheese, Chocolate

    0.05 miles

  • Tutti Matti

    0.05 miles

  • Corner Bistro

    0.06 miles

  • Spice

    0.07 miles

  • New City Chinese

    0.07 miles

  • Madera Cuban Grill

    0.07 miles

  • Vernon Grille

    0.07 miles

  • Slice

    0.08 miles

  • Woodbrine's

    0.08 miles

  • Yee's Vernon Market

    0.07 miles

  • Food Cellar & Co Market

    0.11 miles

  • Natural Frontier Market

    0.20 miles

  • Urban market

    0.21 miles

  • Key Food

    0.45 miles

  • Trader Joe's

    0.46 miles

  • Lincoln Market

    0.51 miles

  • Teso Life

    0.55 miles

  • Target

    0.57 miles

  • Riverside Market

    0.61 miles

Frequently Asked Questions

How much does 5-33 48th Avenue cost?

The space currently listed for sale at 5-33 48th Avenue asks for $7,250,000.

What is the total square footage of 5-33 48th Avenue?

5-33 48th Avenue totals 10,048 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
John Koutsos

B6 REAL ESTATE ADVISORS

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