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The World Artisan Market 34-39 31st St 2,000 SF of Retail Space Available in Long Island City, NY 11106
Highlights
- 1 Block from NW (36 Ave and Broadway)
- Dense middle and upper middle income spending demo
- Benefit from the destination and other successful operators driving traffic to the site
- Share 35 Ave with Kaufman Astoria Studios, Frank Sinatra School of the Arts, multiple public and charter schools, and the Museum of the Moving Image
- Fully Built out and beautifully designed space
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 2,000 SF | 16’ | Negotiable | $70.00 /SF/YR $5.83 /SF/MO $140,000 /YR $11,667 /MO | Modified Gross |
1st Floor
The space is a fully built out and operating restaurant with full kitchen, bathrooms, bar, and high 16 foot ceiling heights. Unit has its own 7.5 ton HVAC system and 200+ amp electric service. The space is beautifully designed and fully fit out for plug and play operations. Seeking A) experienced operators looking for an opportunity to take over a fully built ready to go space or B) pop up up and coming NYC chefs and food entrepreneurs who want to test the market out in our up and coming pop up lunch market.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- High Ceilings
- Plug & Play
- Finished Ceilings: 16’
- Demised WC facilities
- Hardwood Floors
- Wheelchair Accessible
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at The World Artisan Market
- Tenant
- Description
- US Locations
- Reach
- Arepa Lady
- Accommodation and Food Services
- -
- -
- Elevenses
- Accommodation and Food Services
- -
- -
- JT Wok
- Accommodation and Food Services
- -
- -
- Sala Astoria
- Accommodation and Food Services
- -
- -
- Sotto La Luna
- Accommodation and Food Services
- -
- -
- Stories
- Accommodation and Food Services
- -
- -
| Tenant | Description | US Locations | Reach |
| Arepa Lady | Accommodation and Food Services | - | - |
| Elevenses | Accommodation and Food Services | - | - |
| JT Wok | Accommodation and Food Services | - | - |
| Sala Astoria | Accommodation and Food Services | - | - |
| Sotto La Luna | Accommodation and Food Services | - | - |
| Stories | Accommodation and Food Services | - | - |
Property Facts
| Total Space Available | 2,000 SF | Gross Leasable Area | 16,000 SF |
| Property Type | Retail | Year Built/Renovated | 1956/2020 |
| Property Subtype | Restaurant |
| Total Space Available | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 16,000 SF |
| Year Built/Renovated | 1956/2020 |
About the Property
The World Artisan Market is a collection of authentic NYC and world cuisines located on the corner of 35 Avenue and 31 Street where the Kaufman Astoria Arts District intersects with Dutch Kills LIC. The property was fully gut renovated in 2020 to create 7 individualized spaces where groups can express their culture exactly how they desire. The property is currently fully leased to great groups including Sotto La Luna (Italian), Sala (Spain), Arepa Lady (Colombia), Elevenses (Artisinal Bakery), Stories Lounge (Fusion), JT Wok (Chinese), and Soul-B-It (Soul Food). Strong operators do very well at this location. There is an amazing opportunity to come into a fully designed and built out space with full kitchen, bar, and restroom due to personal time needs and circumstances of one of our current operators.
Nearby Major Retailers
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The World Artisan Market | 34-39 31st St
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