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27-08 40th Ave

Long Island City, Long Island City, NY
Floors
4
Total Size
46,200 sqft

Features

Parking Garage
Onsite Parking
Common Bathrooms

About 27-08 40th Ave

This office space is located at 27-08 40th Avenue, New York, NY. The building features 46,200 square feet on four floors.

Tenants have the notoriety of being in a never-before-occupied, mixed-use building that offers numerous amenities and benefits. The morning and evening commutes are hassle-free as the building is two blocks to numerous subway lines.

Driving isn’t an issue, either, as the building features a two-floor, climate-controlled parking area for 50 vehicles. 27-08 40th Avenue is convenient to Long Island and all points north; it’s located at the 59th Street Bridge with direct access to the Midtown Tunnel.

The building is energy efficient and environmentally friendly; 27-08 40th Ave. has a pending LEED certification. Amenities include Verizon fiber-optic, ultra-high bandwidth Internet connectivity. Numerous conveniences and amenities are also located within the neighborhood.

On-site surveillance and security offers tenants peace of mind. The building also features keyless entry controls and advanced lighting.

The building’s facade features a nice mix of masonry including brick sections highlighted with stone details.

Internet Providers for 27-08 40th Ave

Provider Technology Max Download Speed Max Upload Speed
RCN Cable
1 Gb/s
25 Mb/s
Verizon New York Fiber
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
25 Mb/s
1.5 Mb/s

The Neighborhood: Long Island City

On average, listings lease in the $50's per square foot per year. The Long Island City region is going through a a boost in rates. In the last 3 months, the median rate went up $13 per sqft per year. That's a 33% increase in rent.

Compared to the rest of the New York City market, the Long Island City region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Median Rate Median Size
Long Island City $53
/sqft/yr
8,000
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,330
sqft

Median Rate over Time in Long Island City