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1064 Jackson Ave - Anabele Retail Condo For Sale 6,400 SF Retail Condo Unit Offered at $4,500,000 in Long Island City, NY 11101
Data Room Click Here to Access
- Offering Memorandum
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 00043-7501 |
| Cap Rate | 7.00% |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| APN/Parcel ID | 00043-7501 |
Description
THE ANABLE RETAIL CONDOMINIUM
Hunters Point | Long Island City, NY
Executive Summary
Newly constructed (2022) boutique condominium
8-story, 22-unit residential building with ground-floor retail
~6,400 SF institutional-quality retail condominium
100% leased with curated tenant mix
Located in prime Hunters Point, one of NYC’s fastest-growing submarkets
Investment Highlights
Stabilized, income-producing asset with immediate cash flow
NOI: $309,917
Cap Rate: 6.75%
Turn-key investment with long-term income security
15-year ICAP tax abatement in place
Positioned in a supply-constrained NYC retail market
Strong upside driven by continued neighborhood growth
Location Overview
Steps from Vernon–Jackson Avenue 7 train station
One-stop access to Midtown Manhattan
High foot traffic corridor with strong visibility
Surrounded by luxury residential towers, office users, and destination retail
Neighborhood Highlights – Hunters Point / LIC
One of the fastest-growing neighborhoods in New York City
Significant residential and commercial development pipeline
Rising population density driving retail demand
Strong demographics and affluent renter base
Property Details
Asset Type: Retail Condominium
Size: ~6,400 SF
Occupancy: 100% Leased
Year Built: 2022
Building: 8 Stories | 22 Residential Units
Tenancy: Diversified, service-oriented retail
Investment Opportunity
The Anable Retail Condominium offers investors the opportunity to acquire a fully stabilized, high-quality retail asset in a premier Long Island City location. With strong in-place income, tax advantages, and positioning within a rapidly growing neighborhood, the asset provides both immediate yield and long-term appreciation potential.
Hunters Point | Long Island City, NY
Executive Summary
Newly constructed (2022) boutique condominium
8-story, 22-unit residential building with ground-floor retail
~6,400 SF institutional-quality retail condominium
100% leased with curated tenant mix
Located in prime Hunters Point, one of NYC’s fastest-growing submarkets
Investment Highlights
Stabilized, income-producing asset with immediate cash flow
NOI: $309,917
Cap Rate: 6.75%
Turn-key investment with long-term income security
15-year ICAP tax abatement in place
Positioned in a supply-constrained NYC retail market
Strong upside driven by continued neighborhood growth
Location Overview
Steps from Vernon–Jackson Avenue 7 train station
One-stop access to Midtown Manhattan
High foot traffic corridor with strong visibility
Surrounded by luxury residential towers, office users, and destination retail
Neighborhood Highlights – Hunters Point / LIC
One of the fastest-growing neighborhoods in New York City
Significant residential and commercial development pipeline
Rising population density driving retail demand
Strong demographics and affluent renter base
Property Details
Asset Type: Retail Condominium
Size: ~6,400 SF
Occupancy: 100% Leased
Year Built: 2022
Building: 8 Stories | 22 Residential Units
Tenancy: Diversified, service-oriented retail
Investment Opportunity
The Anable Retail Condominium offers investors the opportunity to acquire a fully stabilized, high-quality retail asset in a premier Long Island City location. With strong in-place income, tax advantages, and positioning within a rapidly growing neighborhood, the asset provides both immediate yield and long-term appreciation potential.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Ground | 6,400 SF | Retail | $4,500,000 ($703.13/SF) | $315,000 |
Unit Ground
| Unit Size |
| 6,400 SF |
| Condo Use |
| Retail |
| Price |
| $4,500,000 ($703.13/SF) |
| NOI |
| $315,000 |
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Unit Ground
| Unit Size | 6,400 SF |
| Condo Use | Retail |
| Price | $4,500,000 ($703.13/SF) |
| NOI | $315,000 |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| APN/Parcel ID | 00043-7501 |
| Description | |
| THE ANABLE RETAIL CONDOMINIUM<br> Hunters Point | Long Island City, NY<br> <br> Executive Summary<br> Newly constructed (2022) boutique condominium<br> <br> 8-story, 22-unit residential building with ground-floor retail<br> <br> ~6,400 SF institutional-quality retail condominium<br> <br> 100% leased with curated tenant mix<br> <br> Located in prime Hunters Point, one of NYC’s fastest-growing submarkets<br> <br> Investment Highlights<br> Stabilized, income-producing asset with immediate cash flow<br> <br> NOI: $309,917<br> <br> Cap Rate: 6.75%<br> <br> Turn-key investment with long-term income security<br> <br> 15-year ICAP tax abatement in place<br> <br> Positioned in a supply-constrained NYC retail market<br> <br> Strong upside driven by continued neighborhood growth<br> <br> Location Overview<br> Steps from Vernon–Jackson Avenue 7 train station<br> <br> One-stop access to Midtown Manhattan<br> <br> High foot traffic corridor with strong visibility<br> <br> Surrounded by luxury residential towers, office users, and destination retail<br> <br> Neighborhood Highlights – Hunters Point / LIC<br> One of the fastest-growing neighborhoods in New York City<br> <br> Significant residential and commercial development pipeline<br> <br> Rising population density driving retail demand<br> <br> Strong demographics and affluent renter base<br> <br> Property Details<br> Asset Type: Retail Condominium<br> <br> Size: ~6,400 SF<br> <br> Occupancy: 100% Leased<br> <br> Year Built: 2022<br> <br> Building: 8 Stories | 22 Residential Units<br> <br> Tenancy: Diversified, service-oriented retail<br> <br> Investment Opportunity<br> The Anable Retail Condominium offers investors the opportunity to acquire a fully stabilized, high-quality retail asset in a premier Long Island City location. With strong in-place income, tax advantages, and positioning within a rapidly growing neighborhood, the asset provides both immediate yield and long-term appreciation potential.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 26,053 SF | Typical Floor Size | 4,395 SF |
| Property Type | Retail (Condo) | Year Built | 2021 |
| Property Subtype | Storefront Retail/Residential | Lot Size | 0.12 AC |
| Building Class | B | Parking Ratio | 0.15/1,000 SF |
| Floors | 1 | ||
| Zoning | C2-2 - Commercial district predominantly residential in character | ||
| Total Building Size | 26,053 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 4,395 SF |
| Year Built | 2021 |
| Lot Size | 0.12 AC |
| Parking Ratio | 0.15/1,000 SF |
| Zoning | C2-2 - Commercial district predominantly residential in character |
Moderately walkable
70/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| KK Nails |
-
|
Jan 0000
|
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
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1064 Jackson Ave - Anabele Retail Condo For Sale
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