24-15 43Rd Avenue Long Island City

24-15 43RD AVENUE LONG ISLAND CITY

RETAIL SPACE AVAILABLE FOR LEASE

3 BLOCKS FROM

FOR LEASE

GROUND FLOOR 16,525 SF (Divisible)

SPACE FEATURES Asking Rent: $50 PSF Occupancy: Immediate Size: 16,525 SF (Divisible) Use: Retail Term: Negotiable Escalations: 3% annual rent escalations in lieu of operating costs Electric, Water, Gas: Direct meter Tenant to pay proportionate share of real estate taxes Real Estate Taxes: above a Base Year Ceiling Height: 12 FT

FLOOR PLAN

FREIGHT ELEVATOR 24TH STREET STREET 24TH

FREIGHT ELEVATOR

43RD AVENUE RETAIL FRONTAGE RENDERING 24-15 43RD AVENUE

LIC NEIGHBORHOOD SNAPSHOT

LIC CORE POPULATION CHARACTERISTICS POPULATION AGE

100,000 90,000 35-44 60 & older 80,000 17% 16% 70,000 60,000 Under 19 50,000 16% 40,000 20-34 30,000 34% 45-59 20,000 17% 10,000 0 2013 2016 2018-2020*

*Population Projections are calculated at 2x the total number of Source: American Community Survey, units in construction/proposed (20,800+) 5-Year Averages, 2012-2016

2013 2016 11101 $47,142 $51,964 MEDIAN HOUSEHOLD INCOME 11109 125,871 $133,070 11106 $48,720 $56,442

EDUCATIONAL ATTAINMENT: BACHELOR’S DEGREE OR HIGHER 11101+11109 43.40% 50% (populations 25y and older) 11106 39.10% 47%

BUSINESS / WORK

COMMERCIAL AND A COWORKING HOTEL INDUSTRIAL DEVELOPMENT NEIGHBORHOOD DEVELOPMENT

WeWork CURRENT/OPEN 8M 2 locations*, 1,333 desks, 32 hotels square feet existing* 66,000 SF 3,200+ hotel rooms Greendesk 5.3M 2 locations IN PLANNING/CONSTRUCTION additional square Spaces 33 hotels feet announced 1 location, 263 desks, 4,600+ hotel rooms 26,311 SF

*New buildings and renovated flex *WeWork is slated to open a third location commercial with 250 SF at the JACX when completed. RESIDENTIAL / LIVE

COMPLETED RESIDENTIAL UNITS

18,000 Rental Condo NEW 15,700 16,000 15,100 14,000 3,100 DEVELOPMENTS 11,900 3,100 12,000 10,900 HAVE MADE LIC 2,700 10,000 2,700

8,000 12,600 “THE FASTEST 11,900 6,000 9,200 GROWING 4,000 8,200 2,000 NEIGHBORHOOD - IN THE COUNTRY.” 2015 2016 2017 2018* *41 buildings > 100 units 66 buildings < 100 units New York Magazine,2017 Source: LIC Partnership

AMENITIES / PLAY 39+ ARTS AND CULTURAL INSTITUTIONS

50,000+ HIGHER EDUCATION STUDENTS Laguardia Community College, CUNY Law, Cornell Tech (Rosevelt Island)

RETAIL DEVELOPMENT 414K+ square feet existing* 536K+ additional square feet by 2021** 24-15 43RD AVENUE

AMENITIES

13th St 75 82 9th St 32 79 22nd St 36th A

ve 47th St

d 90 d St 42nd St 45th St 24th St 56 43r 40th A 38th A 31st St 39th A 32nd St d ernon Blv v V e ve 37th A Queensbor ve 7 40 ve Northern Blv o Bridg 45 86 e d St 81 d 23r escent St Cr 27th St 84 28th St 24-15 43RD 29th St Hone ernon Blv V 10th St 33 61 AVENUE yw 13th St

ell St d St 43 r

12th St 9th St e Skillman Ave 44 v 21

11th St 88 Roosevelt Island 63 18

Jackson A 46th St Tech Campus 44th Ave 44th St 41 10 64 43rd Ave 43rd Ave 37 50 3 80 4 2 71 47 39 45th Ave 46 94 77 45th Rd89 20 43 31 Queens Blvd 72 93 Thomson Ave 69 23 22 74 26 58 48 57 91 67 92 52 EAST RIVER 30 21st St 70 66 68 9 87

11th St 30th St

25 34 49th St 36 35 47th Ave 8 76 65 15 16 5th St 62 55 Midt 28 29 78 42 53 19 14 17 11 41th St 39th Pl 24 own T 54 5 51 48th Ave 85 83 1 27th st 13 12 ve 38 49th A unnel 6 ve 39th St 51st Ave 60 27 35th St 37th St 33th St 95 51st Ave eenpoint A 42nd St 44th St 46th St 48th St 59 Hunt Gr 50th Ave ers P 73 oint A 31st St an Dam St 31st Pl V ve Borden Ave 54th Ave 49 St arr A

2nd St 35th St v e 13th St 75 82 9th St 32 79 RESTAURANTS/COFFEE CULTURE/HEALTH & WELLNESS 22nd St 36th A v 47th St Indoor Extreme Sports Paintball & e 1 Casa Enrique 33 Resobox 62 d 90 d St Laser Tag 42nd St 34 Van Dam Diner 56 45th St 2 LIC Market 24th St 43r 63 The Secret Theatre 40th A 38th A 31st St 39th A 32nd St d 3 Toby’s Estate 35 Bobby Spot Nuvo Cafe ernon Blv v 64 The Cliffs at LIC V e ve 37th A Queensbor ve 7 40 ve Northern Blv 4 The Mill 36 Manducatis 65 The Yoga Room o Bridg 45 86 37 Il Falco e 5 Sweetleaf 66 Gantry State Park Plaza d St 81 d 23r escent St 6 Hibino 38 Manetta’s 67 Bard Early Colleges Cr 27th St 84 28th St 68 LaGuardia Community College 29th St 7 Crescent Grill 39 Blend on the Water Hone ernon Blv V 69 Long Island City YMCA 10th St 33 8 Corner Bistro 40 Astoria Seafood 61 yw 13th St 70 MoMA PS1 ell St d St 9 Alobar 41 Anable Basin Sailing Bar & Grill

43 r 71 Sculpture Center

12th St 10 John Brown Smokehouse 42 Slice 9th St ve Skillman Ave 72 LIC Flea & Food 44 21 11 Papillon Bistro 43 Maiella 73 LIC Landing 11th St 88 Roosevelt Island 63 18

Jackson A 46th St Tech Campus 44th Ave 44th St 12 Two Boots Pizza 41 10 64 43rd Ave 43rd Ave 74 Pepsi-Cola Sign 37 50 3 80 4 2 71 47 13 Juice Press BARS & BREWERIES 75 Socrates Sculpture Park 39 45th Ave 46 94 77 45th Rd89 20 43 31 Queens Blvd 14 Doughnut Plant 44 The Beast Next Door 76 City Ice Pavilion 72 93 Thomson Ave 69 23 22 74 26 58 48 57 91 67 92 52 15 L’Arte del Gelato 45 LIC Beer Project 77 CityView Racquet Club EAST RIVER 30 21st St 70 66 68 78 Queens Library at Sunnyside Library 9 87 16 Stolle Bakery 46 The Shannon Pot

11th St 30th St

25 34 49th St 36 35 47th Ave 8 76 79 Museum of the Moving Image 65 15 16 17 Sans Bakery 47 Bar 43 5th St 62 55 Midt 28 29 78 80 Dorsky Gallery 42 53 19 14 17 11 41th St 39th Pl 24 18 M. Wells Steakhouse 48 Rockaway Brewing Co. own T 54 5 51 48th Ave 85 81 Fisher Landau Center for Art 83 1 27th st 13 12 ve 38 49th A 19 Mu Ramen 49 Transmitter Brewing unnel 6 ve 39th St 82 The Noguchi Museum 51st Ave 60 27 35th St 37th St 33th St 95 51st Ave eenpoint A 42nd St 44th St 46th St 48th St 20 Sweet & Sara 50 Dutch Kills 59 Hunt Gr 50th Ave 83 The Chocolate Factory Theater ers P 73 oint A 21 The Alcove 51 The Creek and the Cave 84 Flux Factory 31st St an Dam St 31st Pl V ve 54th A Borden Ave The Courtyard AleHouse ve 49 22 Caffe Bene 52 85 Thalia Spanish Theatre St 86 Space Gallery arr A 23 Dazies 53 The Standing Room

2nd St 35th St v 87 Laguardia Performing Arts Center e 24 I Love Paraguay 54 Dominie’s Hoek 88 Local Project Art Space 25 M. Wells Dinette 55 Greenpoint Lounge 89 BrickHouse Ceramic Art Center 26 Sweetleaf Cocktails 56 Studio Square Beer Garden 90 Queens Library at Long Island City 27 Cafe Henri 57 L.I.C. Bar 28 Shi 58 The Gutter BANKS 29 Skinny’s Cantina 59 Alewife 91 Bank of America 30 Manducatis Rustica 60 Domaine bar a vins 92 Citibank 93 Santander Bank 31 The Burger Garage 61 Big Alice Brewing 94 Citibank 32 The Astor Room 60TH ST

6 B MAJOR TENANTS 4 MINUTES TO SEVEN N D LOCATION 7TH AVE DIFFERENT SUBWAY LINES 1 Citibank F M E M 7 G R N W 2 Metlife 3 CUNY Law School 53RD ST 4 JetBlue 6TH AVE W F M 5 Silvercup Studios E N N 6 Fidelis Care 5TH AVE 20 W PARK AVE 7 Altice MEDISON AVE E M R 8 R Publicis

LEXINGTON AVE 8 6 7 4 14 9 J. Crew Madewell W 3ND AVE 24-15 43RD 5 2 12 10 Boyce Technologies 2ND AVE 11 Uber AVENUE M 1ST AVE E 19 N 42ND ST FDR DRIVE 3 CO-WORKING 15 E M 12 WeWork G 7 16 13 Regus Spaces 7 1 6 14 Green Desk 17 7 CULTURAL INSTITUTIONS G 15 Dorksy Gallery 34TH ST 18 Curatorial Programs 9 11 7 10 16 The Sculpture Center 7 13 17 MoMA PS1 18 The Chocolate Factory 19 The Secret Theatre 20 Flux Factory

CONNECTIVITY/TRANSIT:

23RD ST Direct access to midtown Manhattan, Brooklyn, Cornell Tech (Roosevelt Island) Roosevelt Island, Bronx and Long Island 5 minutes via ferry, subway or car

Midtown Manhattan/Grand Central LGA Airport 7 minutes via 7 15 minutes via car / 30 minutes via public transit

Penn Station JFK Airport 25 minutes via E 30 minutes via car / 25 minutes via public transit

Port Authority 8 subway lines, 15 bus lines, 70 Citibike bicycle stations 20 minutes via 7 (existing and announced for 2017)

East 34th Street NYC Ferry Service: Hunters Point South, Long Island 8 minutes via ferry City (Gantry Plaza State Park), Astoria

LIRR, 4 bridges, 1 tunnel

FOR MORE INFORMATION, PLEASE CONTACT:

EDWARD KENT JOSEPH GROTTO, JR. MICHAEL AZARIAN Real Estate Salesperson Real Estate Broker Real Estate Salesperson 212 318 9772 212 318 9727 212 841 7831 [email protected] [email protected] [email protected]

Cushman & Wakefield Copyright 2018. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.