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5 Court Square

Long Island City, New York, NY
Floors
2

About 5 Court Square

The ground floor corner retail opportunity at 5 Court Square in New York’s Hunters Point community will interest a wide range of professionals, including tenants hoping to rent office space in this part of the City. The landlord will allow food uses, making this a desirable opportunity for coffee shop, sandwich bar and restaurant proprietors.

New York’s commuters working at 5 Court Square have easy access to public transportation, for 5 Court Square is situated at the intersection of Thomson Avenue, Court Square and Jackson Avenue, offering subway trains E, F, G, M, V and #7 at three different stations.

The 2-story building at 5 Court Square in New York’s Hunters Point neighborhood sits in a location where a never-ending throng of commuters passes by on a daily basis.

This commercial space boasts good natural light with large loft-style windows on all floors. With Citibank’s office tower located at One Court Square, this area is simply buzzing with consumers.

The dark and light gray concrete facade of 5 Court Square in New York makes a welcoming first impression and could potentially provide retail tenants with signage and a great marketing opportunity.

Companies at 5 Court Square

Long Island City Courthouse Courthouse Local Government Office
The Burger Garage Restaurant Food
Domino's Pizza Meal Takeaway Restaurant Meal Delivery Food
Subway Meal Takeaway Restaurant Food
Maya Assurance Co Insurance Agency

Internet Providers for 5 Court Square

Provider Technology Max Download Speed Max Upload Speed
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 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
3,310
sqft

Median Rate over Time in Long Island City