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548 50th Ave 1,250 SF of Retail Space Available in Long Island City, NY 11101
HIGHLIGHTS
- Steps away from the Vernon Blvd subway entrance
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 1,250 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
2nd Floor
2nd Floor walk-up retail space with prominent presence from 50th Ave. Space is fully built-out with (2) oversized storefront windows facing 50th Avenue. (5) rooms with (1) full bathroom (including a bathtub). Space is in move-in-ready condition. Neighboring retailers along 50th Ave include Takumen, Ledo Barber, Black Seed Bagels, Starbucks, Glowbar, Dumbo Market, Gantry Oral & Maxillofacial Surgery, LIC Vision Associates, Frankie's Brooklyn Pizza, Peanut & Honey, Bright Start Childcare, Gantry View School, Emack & Bolio's, etc. Please inquire for additional information.
- Space is in Excellent Condition
- Central Air and Heating
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.
PROPERTY FACTS
| Total Space Available | 1,250 SF | Gross Leasable Area | 3,750 SF |
| Property Type | Retail | Year Built/Renovated | 1931/2023 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,250 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,750 SF |
| Year Built/Renovated | 1931/2023 |
ABOUT THE PROPERTY
Ground floor retail space along 50th Ave - the primary pedestrian corridor connecting the waterfront to the Vernon Blvd 7-train. Steps away from the Vernon Blvd subway entrance (first stop from Grand Central Station). The retail space is adjacent to the popular Japanese restaurant, Takumen, Ledo Barber, Gantry View School and Emack & Bolio's Ice Creamery. The 25' x 100' space is column-free with 13'+ ceilings at the ground floor with light at all (4) sides of the building at both levels.
- Metro/Subway
NEARBY MAJOR RETAILERS
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548 50th Ave
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