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5-25 47th Rd

Long Island City, Long Island City, NY
Floors
1
Zoning
M1-4/R6B/LIC

About 5-25 47th Rd

New York entrepreneurs looking to rent office space or hoping to find a great opportunity for a development site should consider the advantages of 5-25 47th Road, which is conveniently close to the waterfront, and located between Vernon Boulevard and 5th Street.

Close to E, M, and G subway train connections, the single-story property at 5-25 47th Road is located in a part of New York that is a recognized Walker’s Paradise, offering many amenities within a short walk.

It takes less than 10 minutes to walk from 5-25 47th Street to New York’s 7 Flushing Local line and the 7X Flushing Express at the Vernon Boulevard-Jackson Avenue stop. The amenities of Hunter’s Point are also close by as well as Gantry Plaza State Park and Andrews Playground.

Local tenants include coffee shops like Sweetleaf Cocktail Bar and Communitea, as well as restaurants like Skinny’s Cantina and grocery stores Simply Food Lic, LLC and FOOD CELLAR & Co. Bus lines include Q103, B62 (Downtown Brooklyn – Long Island City) and B32, the Williamsburg-Long Island City line.

The buff colored brick building at 5-25 47th Road in New York features a roll-up, drive-in door, high ceilings and tiled floors.

Internet Providers for 5-25 47th Rd

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
50 Mb/s
50 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
3,372
sqft

Median Rate over Time in Long Island City