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Falchi Building

31-00 47th Avenue, Long Island City, NY 11101, USA
Floors
5
Total Size
658,049 sqft
Elevators
1
Year Constructed
1920
Building Class
A
LEED Certification
Gold
Close Public Transit
7, E, 4, 5

Features

Parking Garage
Common Bike Storage
Onsite Parking
On Site Security

Current Availabilities

Sep 20
ago
Office
  • Term Length: 60 months
  • Partial floor opportunity
  • Rental rate negotiable
Listing agent for this listing
Greg Smith, Cushman & Wakefield
Sep 20
ago
Office
  • Partial floor opportunity
  • Rental rate negotiable
Listing agent for this listing
Greg Smith, Cushman & Wakefield
Sep 20
ago
Office
  • Partial floor opportunity
  • Rental rate negotiable
Listing agent for this listing
Greg Smith, Cushman & Wakefield

Additional Features of Falchi Building

  • Tenant only on site parking
  • Penthouse and rooftop access
  • Free shuttle service to Court Square and Hunters Point
  • Eligible for NYC Incentives

Internet Providers for Falchi Building

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

The Neighborhood: Long Island City

The typical asking rate per listing is in the $50's per square foot per year. The Long Island City submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $13 per sqft per year. That's a 31% increase in rent.

Compared to the rest of the New York City market, the Long Island City submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Median Rate Median Size
Long Island City $53
/sqft/yr
8,000
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,380
sqft

Median Rate over Time in Long Island City