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47-50 Van Dam St

Long Island City, Long Island City, NY
Floors
1
Total Size
19,000 sqft
Zoning
M1-4
Year Constructed
1940

Features

Onsite Parking

About 47-50 Van Dam St

This industrial building is located at 47-50 Van Dam Ave., Long Island City, NY. Originally built in 1940, this one-story building offers approximately 19,000 square feet. This is a great opportunity for tenants looking to rent industrial space in an ideal Long Island City location.

This industrial/warehouse building features numerous benefits for prospective tenants. Inside, the building is divided into warehouse/industrial space and 2,500 square feet of office space. Seven drive-in doors and two loading docks will prove beneficial for a wide range of uses.

There is a 9,000 square foot parking area, ideal for tenants or customers. 47-50 Van Dam St. is convenient to Midtown Tunnel, just two minutes away, and Queensboro Bridge, only five minutes away by car. The subway is within walking distance and a bus stop is located just outside the entrance.

The building features a buff-colored fa├žade that is complemented by striking blue accents along the doors and above the entrance.

Internet Providers for 47-50 Van Dam St

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 region is seeing a an increase in rates. In the last 3 months, the median rate went up $13 per sqft per year. That's a 31% rise 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 region.

Median Rate Median Size
Long Island City $53
/sqft/yr
8,000
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,300
sqft

Median Rate over Time in Long Island City