This Multifamily Property is no longer advertised on LoopNet.com.

21-30 44th Dr
Long Island City, NY 11101
Corte Condo Retail · Multifamily Property For Sale · 85 Units

Investment Highlights

  • Immediate Cash Flow with Long-Term Tenants
  • 15-year ICAP in Effect Through June 2037
  • Neighborhood Growth is 5x Faster than the Growth Rate for all of NYC (Source: LIC Partnership)
  • High NOI
  • Located in Transit Hub of 8 Subway Train Lines, 15 Bus Lines & 3 Ferry Landings
  • Notable Neighbors: MoMa Ps1, Trader Joe's, Target, Starbucks, Chipotle, CUNY Law School, Orange Theory, Sweetgreen, Paris Baguette

Executive Summary

Built in 2019, Corte is an 8-story, 85-unit residential and two-unit commercial mixed-use condominium designed by Argentinian architects Dieguez Friedman and New York-based Beyer Blinder Belle. CORTE is a bold building with clean lines and rich architectural details, featuring a contemporary façade composed of full-height Wicona-Italian glass windows wrapping a cascade of “jewel box”-style units, creating a visually stunning experience. Long Island City is located in the western section of Queens. The population grew by 40% between 2010 and 2020. This growth is 5x faster than the growth rate for NYC. Foot traffic along Jackson Avenue, just one block from Corte, has increased by more than 300% since 2007*. - Eight subway lines – 7, E, F, G, M, N, R, W - 15 Bus lines - 74 CitiBike Stations - 3 Ferry Landings - Close proximity to La Guardia and JFK airports Notable Corte neighbors include: MoMa PS1, Trader Joe’s, Target, Starbucks, Chipotle, Sweetgreen, CUNY School of Law, Orange Theory, Paris Baguette * Source: LIC Partnership

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
No. Units 85
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.58 AC
Building Size 131,286 SF
No. Stories 8
Year Built 2019
Parking Ratio 0.14/1,000 SF
APN / Parcel ID
00078-1101
  • 00078-1162
  • 00078-1188
  • 00078-1198
Zoning M1-4, R7A - R7 districts are medium-density apartment house districts

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Washer/Dryer
  • Heating
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Fitness Center
  • Playground
  • Doorman
  • Furnished Units Available
  • Smoke Free
  • Bicycle Storage
  • Elevator
  • Maintenance on site
  • Pet Washing Station
  • Smoke Detector
  • Listing ID: 32122335

  • Date on Market: 6/13/2024

  • Last Updated:

  • Address: 21-30 44th Dr, Long Island City, NY 11101

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