Leasing Opportunity Long Island City, New York

NEW YORK’S 27- 10 FASTEST GROWING 49TH AVENUE NEIGHBORHOOD

PRIME INDUSTRIAL/LAST MILE LEASING OPPORTUNITY LONG ISLAND CITY, NEW YORK

MIDTOWN TUNNEL MANHATTAN

LONG ISLAND EXPRESSWAY NEW YORK’S 27- 10 FASTEST GROWING 49TH AVENUE NEIGHBORHOOD

Located at the corner of 49th Ave and 27th Street, this property offers 487’ feet of frontage across 2 sides and a large parking lot. Its central location and close proximity to the Midtown tunnel, Long Island Expressway and BQE make it perfect for any business that requires traveling throughout Manhattan, Queens, Brooklyn, and the Bronx.

Address 27-10 49th Avenue, Long Island City, NY 11101 Block / Lot 00113-0035 Lot Dimensions 385’ x 100’ Approx. Lot SF 38,300 SF Building Dimensions 200’ x 100’ Stories 2 Gross Building SF 34,147 SF 1st Floor: 20,298 SF (16’ ceiling) 2nd Floor: 13,849 SF (12’ ceiling) Parking Lot 18,200 SF Parking Spaces ±50 Drive In Doors 4 Year Built 1963 Zoning M3-2 Power 1,400 amps Floor Loads Warehouse: 250 lb/SF Office: 50 lb/SF 27-10 TRANSPORTATION 49TH AVENUE PASSAGE

ED KOCH MIDTOWN QUEENSBORO BRIDGE TUNNEL

SILVERCUP STUDIOS ONE COURT SQUARE 42-22 22ND STREET Vernon 7 Blvd Jackson Ave Court G Square 7 Queens N Q R Plaza MIDTOWN E M 7 TUNNEL MANHATTAN

Hunters 7 Point Ave Court E G LIRR Square LONG ISLAND RAILROADM 7

TIME WARNER 27-10 49THAVE

FEDEX FACILITY THE FACTORY BUILDING 29-01 BORDEN AVENUE 30-30 47TH AVENUE

LONG ISLAND EXPRESSWAY 27- 10 49TH AVENUE WAREHOUSE SPACE 27- 10 49TH AVENUE WAREHOUSE SPACE 27- 10 49TH AVENUE OFFICE SPACE NEW YORK’S 27- 10 FASTEST GROWING 49TH AVENUE NEIGHBORHOOD

EXISTING CONDITIONS 1ST FLOOR PLAN NEW YORK’S 27- 10 FASTEST GROWING 49TH AVENUE NEIGHBORHOOD

EXISTING CONDITIONS 2ND FLOOR PLAN NEW YORK’S 27- 10 FASTEST GROWING 49TH AVENUE NEIGHBORHOOD

KAUFMAN STUDIO

HUNTERS POINT COMMUNITY LIBRARY

LIC LANDING AT QUEENS PLAZA BIKE PATH HUNTERS POINT

LONG ISLAND CITY GANTRY PARK SKYLINE NEW YORK’S 27- 10 FASTEST GROWING 49TH AVENUE NEIGHBORHOOD

THE NEIGHBORHOOD

Long Island City is developing into a destination for its local arts and cultural scene, as public and private investments are adding to the offering of art galleries and museums, parks and much more that make the neighborhood such a highly livable place.

• Gantry Plaza State Park, Queensbridge Park of Arts, The Museum of the Moving Image, the and Water Taxi Beach – Located along the Astoria Performing Arts Center and many other East River, Gantry Plaza State Park is an 11- art galleries. acre riverside oasis that features sweeping, unobstructed views of the Midtown Manhattan • MoMA PS1 – An affiliate of the Museum of skyline, and is currently being expanded by Modern Art, MoMA PS1 is the oldest and 40 acres. Other waterfront parks include second-largest non-profit arts center in the Queensbridge Park and Water Taxi Beach, New United States solely devoted to contemporary York’s first non-swimming urban beach. art.

• Dutch Kills Green- Across the street from • SculptureCenter – New York City’s only The Property, this 1.5-acre open space was non-profit exhibition space dedicated to part of the$45 million Queens Plaza roadway, contemporary and innovative sculpture. pedestrian and bicycle improvement project SculptureCenter re-located from Manhattan’s that has transformed the primary entry point Upper East Side to a former trolley repair shop into Queens. The former John F. Kennedy renovated by artist/designer Maya Lin in 2002. commuter parking lot has been transformed • Socrates Sculpture Park – Located along the East into a green space featuring wetlands, native River waterfront, this is the only site in the New plantings, and locally designed public art. York Metropolitan area specifically dedicated to providing artists with opportunities to • Kaufman Astoria and Silvercup Studios - Both create and exhibit large-scale work in a unique located in Long Island City, Kaufman Astoria and environment that encourages strong interaction Silvercup Studios have ushered in a new era of between artists, artworks and the public. film and television production in New York City. Fine dining and entertainment venues nearby • Isamu Noguchi Foundation and Museum include The Astor Room and Studio Square – Located across the street from Socrates which includes a steakhouse and upscale Greek Sculpture Park, the museum recently underwent restaurant in addition to premier event space. a two and a half year renovation. Artistic focal points of the museum include American • Flushing Meadows Park – Home to the U.S. Tennis Museum of the Moving Image, and The Fisher Association and U.S. Open tennis tournament, Landau Center for Art. A host of smaller this 897-acre park is the largest in Queens and galleries, studios, and a thriving commu-nity includes a stunning recreational complex, a zoo, of individual artists and artisans add a further an art museum, a botanical garden, a science dimension to the local art scene. museum, and Citi Field, home to the New York Mets, as well as concerts, soccer matches, and • Hunters Point Community Library – A new $28 other headlining events. million library is slated to open in 2017 along the East River waterfront. An eye-catching design • Astoria Arts District – A designated area by famous architect Steven Holl has been beginning one block north of The Property, the recently approved by the Queens Library Board arts district includes Kaufman Studios, Astor of Trustees, paving the way for this instant LIC Room, Studio Square, The Frank Sinatra School landmark. NEW YORK’S Market27- Summary 10 FASTEST GROWING 49TH AVENUE NEIGHBORHOOD

27- 10 49TH AVENUE

• Two Gotham Center – a 670,000 square foot state-of-the-art facility completed – The Queensboro Plaza station is currently being renovated by the NYMTA and in 2011 asTRANSPORTATION New York City’s Department of Health’s headquarters. This building was is slated to ultimately become part of the LaGuardia Airport Access project, an sold to a Canadian REIT in 2011 for $415.5 million ($620 psf). important addition to New York City’s infrastructure. Long Island City is one of the best connected transit hubs in New York City, with access to eight – The Court Square subway station (two stops from the SMP Building) has also Buildings thatsubwaylines, have been repurposed 13 bus for lines,modern theresidential, East educational, River Ferry, cultural, and and the Long Is-land Rail Road, providing easy access commercial use include: been renovated to include new internal transfer infrastructure. to Eastern Long Island, Brooklyn, and all of Manhattan. The Property is one block from E, M, and • MetLife’sR, operational at Queens headquarters Plaza (former and Rollsfour Royce blocks factory), from the 7 at Queensboro• New Long Plaza, Island making Railroad the Station site – 10 a new minutes Long Island Rail Road station is slated to be built just a short subway ride from the Property. The new station is part • Silvercupfrom Studios Midtown (former Silvercup Manhattan, bakery), 15 minutes from Grand Centralof Terminal, the LIRR East and Side Access20 minutes project, which from will Penn connect the LIRR to Grand Central Station via subway. The recent and ongoing transportationTerminal. improvements The massive infrastructure include: project is already underway, with many of the • LaGuardia Community College (former Sunshine Bakery), main tunnels already complete. The new station will further enhance the Property’s outstanding transportation access. • The Isamu Noguchi Museum (former photo-engraving plant), and • Queens Plaza Renovation – $76.4 million renovation of the Queens Plaza (a few • Temporary headquartersLong for MoMA Island (former Railroad Swingline Station Staplers plant). – a new Long Island Rail Road station is slated to be built just a short blocks from the SMP Building), improved traffic circulation and pedestrian/bicycle subway ride from the property. The new station is part of the LIRR East Side Access project, which Further, critical investment into the area’s outstanding transportation hubs and access while beautifying the neighborhood and adding a 1.5-acre public park. infrastructure has supportedwill the connect market’s growth. the LIRR Notable to improvementsGrand Central include: Termi-nal. The massive infrastructure project is already • Jackson Avenue Beautification – A similar beautification of this major commercial underway, with many of the main tunnels already complete. The new station will further enhance • Subway Renovations – Major renovations to the area’s subway stations are ongoing: and retail corridor that connects Queens Plaza to Court Square included new the Property’s outstanding transportation access.landscaped medians, sidewalks, and parks. Additionally, a separate $76 million MTA – Repainting of the elevated tracks throughout Queens Plaza (one stop from the project created a new vent plant for the subway lines that run beneath Jackson Avenue. SMP Building).

34 Queens Plaza Renovation – A $76.4 million renova-tion of the Queens Plaza, including modernizing of the subway station with the LaGuardia Airport Access Project, improves traffic circulation and pedestrian/bicycle access, and adds a 1.5-acre public park. The nearby Dutch Kills Green was included in this renovation, transforming a parking lot into a public greenspace.

Jackson Avenue Beautification – A similar beauti-fication of this major commercial and retail corridor that connects Queens Plaza to Court Square includes new landscaped medians, sidewalks, and parks. Additionally, a separate $76 million MTA project created a new vent plant for the subway lines that run beneath Jackson Avenue. 40˚48'0"N

Pla nd o m e R d

E S ho r d e v R l d B rn e th r o N 73˚44'0"W

M 25 id d le Ne ck

Middle Neck Rd S i n

B u

ay mm

vie o w C Ave

La ke vi vice Rd lle Ser Rd N S Service Rd

y xp E d r n D a l

y s I a

w r ng i o a L y T F k Ave h P us r e rc o at a gs St M hern N 495 ort e e N v c A k s y y rcu B k d p Ma r P Bel v g l l x d d Bl E an lv vd B l l B g s l n n I e r i s B e d s h r o t a r r C o H N e 295 c ra o C H 678 ros s Is C land le Pk a y Litt r le v N ie e w ck E 26th Ave P x k p 25 y y C le 25 C a rv le i d a e py v r w l v E x B ie x E t w py n E i x E nd o p la P y s s W I et ll g 73˚52'0"W i n

ve d W n 35th Ave o

v L L A l h e d 4t B lv 1 id B C s ross

s n Islan e n d y r Pk pk

o a y T

s he y 150th St 150th B t

r r k ho a o 230th St N P ic

P e l r v a e h A r J 29t e t 20th Ave v n e y A e

v p n C

A x ro F d

th E e r

5 e h an n e e v c e 1 A o c a v Tulip Av r n de Cr is A G

o i L e a t s e v e ic s ay w A v a

e B is d A m t Bell Blvd r a

i B lv py 3 de J h d x 7 Union Tpke Hillsi e W 205th St g E n v e v Utopia Pky di A

e r A 162nd St 162nd v a h A H t t h 6 s t r

7 e 8

t u 25

4 c S

a h k Ave

r oc

d d

o ng ad n Ho Br lli o s C H

2 e ou r 2 r

Av t B l t 1 vd y S

College Point Blvd oll 495

H e

e l

Av e i

6th f

4 n

a 295 l

H C P a 278 l r ea le 25 rv m iew R vd E E 125th St iv xp e e n Bl y Clearvie k

r r w Ex 25 p e t py T D h F d

r t S e ra a

r C n te

o h pk cis s o t p N l T 21 Hem

ardia Rd leg 4 Lew 2th u 6 ion S

La G e 1 n is t ve

P M U B 212th Pl tead A 24 N lv Blvd oi ai d Hemps r s n n ar t St y E 116th St D Dit B p W 116th St itm m l Ex R D ars v d D B V d lan F lv an Is d W ng e y Lo Av r c n 7th Ave 7th D k i

e E l x h y v p a A y g d Lenox Ave Lenox 1 Cross Island Pky Cathedral Pky 1 t py u w 94th St 4 l x R n e e E a th t u v v ing L W 110th St A S e rd c n R lvd s ace Ha t r o rd ia B o Ho S M tor o au 23 As m R l W l

1st Ave 1st E 106th St U e E t pr T G o in r ra pi y k S 5th Ave 5th ib n a t

o d P P Dutch

ro Ditmars Blvd C e k 1 Broadway e v d

u en i el A y 88 g L n

h tr ew th N

a J a B l

r l P S F

g d t l k i e

y tc N 82nd St M lvd 1 he toria B 678 e 8 r As y v 7t A A h v E P W 97th St xp Jr l Hollis e Museum Mile S d E E A lvd S

W 96th St E 96th St Hoyt A Blv BQE E e e ve Linden B outh 97 e th St ve ia Q d al v er S 81st St Northern Blvd n A n

B d P Astor B s t e ky ky

Av r la a v P r S te 2nd Ave 2nd o ic rn Sta

k 278 o Is A A he 74˚0'0"W lvd k n d B t

oria B lyn g n h e u ar Ast J a w ma t R o

y St u a l V a t

P E 92nd St nc J 9 S d on l h Q t y 0 t P

u io 1 L r e e 1 k 0 r 9 y

e oo n a k 0 8 m

Broadway e t H p 1 B B

n l h T o s 6 v S e H E 8t d t v n y io d x h A k p n y

R y d Amsterdam Ave Amsterdam S k P W n P U P

r W 86 h St 85th S t 2 a M l n t t r

e 6 k 72nd Ave a ra

v D i t N i E 85th St r E n n

s S e

R C d C

t d Fr vd e Steinway St u Bl Ave V an ancis Lewis n E 84th St 31st St P an W Gr tr a e yc a

n a k l ry H r

o t E A n W 81st St r x v

r e p e e e

W y

19 o A 16 40˚40'0"N H

d Rd C ve 8t v W 79th St nsverse E 79th St h

l Tra Br S

Central Park W o r B a t

dwa D y y 21st St 69th Rd ick Rd d e M Merr e d e

i rr W n i Linden Blvd

9 s NEW YORK’S 59th Ave ck

95 n r d R

v d d

e l y e

e B l vd

R k

P K iv Bl v n ns

r ee P h M E R Union Tpke

A u d

FASTEST GROWING h Q t e v

he t py r n l d W 72nd St r e d

E 72nd St t 4 r 36 5 i B l th x c

Ave r v e o l l k 8

6 k a o E k

d B B

e c d N e p l i Ave Central S v v

n n elt r

n R T d v r e o 25 r e 27- 10 w t l 9 M

n l E 71st St Q

u u e NEIGHBORHOOD o s n e 27

u t e B o

o n a W Sunrise Hwy d

o i 51st Ave d w i

T i e s L 49TH AVENUE o d y s n B Hw l k l B l M l l l lv e ia

U p e 60 th i s e d v r St i T a A o

60th St Y

n c f H t i m

BQE a e e y W 66th St E 66th St v n e am g

505 S A ee J M Tr v k

an s o n a

s t New Jersey Tpke

v d u u i A i i e R St 39th

rse P

r M A s e

am Q n d / p w 1 l

W 65th St E 65th St Ca U lsi d o

6 P 40˚48'0"N S

il e n d e H v C CENTRAL PARK Av a M 24E 62ndMINUTES St lv y litan A l F B y k ropo h s i p et I l t d

l x P M 4 l l v R 13 MINUTES i E s 25 d n 9 l d E 60th St H o s

E 61st St 59th St Brg Queens Plz N l n d B

69th St a s v o 27- 10 l s

25 e n l r 678 r 49TH AVENUE r Is i Sunrise Hwy 1 Central Park S Queensboro Brg-Lower Level 7 u b B C F

E 59th St e a g o y ra

v L n e me ncis Park Ave Park R r

42 A l n o e a

W 56th St d Rd ki y is d L L F e

W 57th St E 57th St c k a v w

N e a P y l i Av ve J o B k s n r P B B 684 o A lt lv

e s point t e o e

hom v b B e d

A l

Q M v T S er

E M t d y an ce

E M lit n i R

A i o I h e a d p l

r v a

t tro S d

v e e

u w 8 s

l R E 53rd St on Green M u Ro 5 a o

2nd Ave 2nd

d s t

B 495 p a o M h

r y o in

r e

d k B B e ie

B 49th Ave L Van Dam St Dam Van Bo 8 e p l

n GRAND CENTRAL rden v T v t A 0 d

TIMES SQUARE ve t A n S

e h r o t v e i

12th Ave 12th S K 10 MINUTES A

39th St Ave 8th

S n s n e t p n 18 MINUTES L rd Myrtle Ave f v o o

38th St r 1 g Island Expy Ho B U F

J n o 676 2 o r E D L a d 14 MINUTES C e n v Ave 10th 6 Eliot Ave v k 691 505 R 278 A l 681 l 1 Linden Blvd it in 37th St B s Atlantic Ave

32 Ave 9th n Ave t u A

FD d

y de

nd W 42nd St E 42nd St g or S Lefferts Blvd n ve r B

St d Queens Midto t Co e d

y B Fresh Pond Rd

B y

g Myrtle Ave N

wn i R k

T r t w u P

nn n

31s l k k t St S B h

e D

Lincoln Tunnel Reversible Ln s N

n 3 St g

0th a e e h K

l o u a o 495

v t w

l i M o A d k u

e r 0 v

P g z y Y

P l

Lincoln Tunl 33 MINUTES v o t 5

e s r o

F 1 n A B

b e v t u r

r Belt Pky o i k

617 e n W b a

i e i l

s G c v t l B

672 672 Ave Fashion o L iMag o

r u

k s

n o l

p P

I vd r e s

D o t E 34th St

n h

a n h e 27

e a y i a K

7 t v k y P g p e M e x W 34th St P n

8 e E P r

Avenue Of The Americas Of The Avenue v a u c n n a e

J G B ss MADISON SQ. PARK g P Myrtle Ave er a u lv th N P d u y ary Rd y A h in o nd p u HUDSONW 30th SYARDSt t S o Rockaway Blvd

w n x

9 15 MINUTES e B H

s E

15 MINUTES s N Broadway e

TOLL SAVINGS B k

W 29th St l f id vd

e J

1st Ave 1st e d S Bqe Grand Ave v lv

v A y B

During peak hours a 3-6 axle truck A awa t st k

e g er Roc S e p

v n

i o h

W A A o t

must pay between $51-$102 in tolls h ve C 8

r s E 75th St t A W 23rd St 4

501 UNION SQUARE e u l i

Grand St l d u e 1

C y k e d F Av a

s to cross into Manhattan from

Park Ave Park E 23rd St A e r n it

r e t o u Rockaway Tpke w v

18 MINUTES C L C d Palisade Ave Palisade

ie e M n

d y n

E S Ave Park n p o

9th Ave 9th P a N

10th Ave 10th

u New Jersey, whereas the re C y y

r r

o e G s p a

7th Ave 7th r r s

e C a Humboldt St H S x

h i w v

685 B lls d E

i a S v Queensboro Bridge is free t l d 670 m t B y u

dui sa a 2nd Ave 2nd n k s

A Cyp o P a o 14th St R N re C N

v ss t r

S Ave N l

and the midtown tunnel is only Willow Ave Willow e e

d r lvd B

D B ia W 14th St E 14th St it 677 Etna St du V $16-$31 for 3-6 axle trucks.

W 13th St R n

e Ave o g D

v e C Avenue n e y C n v F ta k

i A i v P S

A er A outh Rockaway Tpke h pol S

W r V

t h o e t r e 8 Ave 3rd t p

S e r

4 *Drive times are estimated m e

S M o

y Ridgewood Ave y

Clinton St Clinton d p

v o o v it Ave 27

e it Bl du u Ex

681 St Washington du Con sa

A C n on S s d C v e a

Putnam Ave v N N

Pk t duit A e

h v

R A Grand St P L n 675 t o y A

h C

6th Ave 6th N

t e l o p 0 v k

h M A x e

et tan g g t r i

1 S opol vd E d n 679 l i B u a t

7 dui k a on e

673 Ave Loisaida n C c ns l o S t y r

r S u P W

Dr o B et

Jamaica Ave t an

r V n y b e r

o a

f v e s S i 678

ton t t

a r us

Ho Cornelia St

West St West E n R

e L I

Bowery t

E a

Rodney St Rodney Marcy Ave Marcy

P MINUTES

9 t 16 t

i ay P w

oad Bushwick Ave Atlantic Ave y W Houston St Br F

Brg y 677 w msburg Myrtle AveBroadway o

St illia Cooper St un w

H cey W n Broadway ela

28 MINUTES D Kent Ave t H

io a

638 636 St Varick t y S i a

g nd n

B W i

room r Gra e S 878 g t A

v r

a Hudson St Hudson e o

681 St

Grand St we

t L

M e

e d g g

Allen St Allen S A Malcolm X Blvd 6th Ave 6th

v v

B e

ay h y Mem

e t w k B

636 t u bu a

S o d

P i N s

a o n

th J o S a

18 r a d m s t

Walker St B m / s

rn d v

BQE Nostrand Ave

i a a

l Holland Tunl S E i u

e r

t l t E

B Canal St

l v

e e

s ow x

FDR Dr i A p l S

r h

a y

n Bedford Ave P

t g i

B W

e n E r n i

n a MINUTES h Shore Pky t

e 18

o s

e t

M u

C l r y

g F

D n

f Pacific St

a M

h e

L a

n n

West Side Hwy Side West Chambers St y a h C n

a k r t 278 os a

W ta P

n s h

St 19 MINUTES t B Flatlands Ave B C h r el a c g y

B h t

r B S c

u Brooklyn Brg Atlantic Ave l h

t e v a c

h d e S e th Ann St v G Be

6 C A ran B N Myrtle Ave Lafayette Ave k vi r l Linden Blvd a o Rockaway Ave le

v Y Pa Luis Munoz Marin Blvd Marin Munoz Luis y

y y e w n

S e k

t v e

Dekalb Ave A P A v e l

Broadway EN a Park St

ph y

F l r

vd H

l a

l at o o w R vd

B b m F l

r u A w

e B

e s a y

D h s t g r a r

hla M Henry St Henry i

r A d 27 g

id v A w a e a

r e e

St i n v a

v St Adams S

B E

d e P k r

x e M

e Ri nn / n t c

t P sy y o

a E l lva w S l Mary Pinkett Ave W n o R

o k Rockaway Pky ia A u P

t o ve

h S o t r

B State St Atlantic Ave Brooklyn Battery Tunl e

Pacific St Fl v a A E 108th St

B tbu Re Q s ilt m

E h se b Ave Brooklyn n

Av Ave ky C er

TRANSPORTATION + TOLL SAVINGS e P ross d

Eastern Pky e B n

r a a y

o B Clinton St Clinton

V h l

vd vd Dr l S e B ay

Washington Ave e ir Rockaway Pky M mp H Av E ph

478 d se

New York Ave o St or

Union f d v J e

e y R B k Flatbush Ave P t l Utica Ave e 278 B r Ditmas Ave l D ne y n w Cha F Seaview Ave h y c a W w Linden Blvd a a

e k rk c 9th St 7thAve B o a R

Hamilton Ave t P c Ocean Ave

e Ralph Ave

osp r y

4thAve P w E

80 Sea View Ave s H th St

BQ 16th St Prosp

E ec g C

t n r Prospect Ave P i os r

27 D a K s r l

e k B y e

v S a n p A w y n x B a 19th St h E t r Parkside Ave g h 1 s C 1 e n 18th St v h A c Ditmas Ave a 27 P n e rosp o B

Quee at

y y

ec C k w yn

l t P F

E l

x a y E 5th St i o p

o y wa D or

r e a m k

B u c

n e o

e M R

A i

Gowanus Expy Hov Ln Utica Ave

o Flatlands Ave P Mill Ave d v Bl Church Ave h c M Avenue N a

c e D y B

o k y 73˚44'0"W

39th St n Ocean Ave P a

a t l w

3rd Ave l a

d e A Nostrand Ave B ck v o 40˚40'0"N e R

k Flat P bu e Coney Island Ave sh r Av o e h S

y J k ue P n

n e ve

o v A t l i A

m h t r

8 D Ha 1 t r n r D o o Ge l s F rri e c ts Flatbush Ave i Avenue P e n r n Ave n E a if h

e e

L Avenue U C Av h 65th c Shore R St a oad Dr e

y B k 65th St echt

P 67th St tr y

lt U w

e y H p

x s

ew g E

N n

Bay Ridge Ave Ave 4th i s 65th St Marine Parkway Brg

k St K

69th u

P Christoforo Colombo Blvd

e n

a Knapp St

r y

w k

h P

t t

G S l

7 e B Ocean Pky

Bay Ridge Pky y Ocean Ave p

x ky E l P s Bay Ridge Pky ria

n o

e m Bay Pky Coney Island Ave e e Avenue P a M u i w/M Q Po n ky y l P k re

o o r h

o S r D Avenue U

n 86t o h St

s y c P

r Pk e

E lt v

ng e A f i B li s

t e r on a

L n D mm G E 86th St icso if Er

14th Ave Le e

B v Ave 7th e Shore Rd A lt h Stillwell Ave t P Bay 8th St ky 4 Poly Pl

g Cr o y

r pse y k B Ave

s ky P P n

Le e a

rrow Sho if Er r r e re i D o c

a Belt Pky Pky cson h N S O o- y n Pk

a al 73˚52'0"W

ri y az o k

r m d r e P e M R

V Pow Mia l / l

an e

Pky h c

278 Belt S O

Ave Surf W 17th St

Neptune Ave W 36th St W 37th St

74˚0'0"W

2 Miles

0.5

0.5 0 1 2 KM NEW YORK’S 27- 10 FASTEST GROWING 49TH AVENUE NEIGHBORHOOD

POPULATION

• Between 2010 and 2015, the population grew 12.5%. Over the next five years, this trend is expected to continue, with the population expected to grow 8.2%. In comparison, Manhattan’s population has grown only 3.4% over the past five years, and is ex-pected to grow only 2.9% over the next five years.

• 43.6% of the Long Island City population is in their prime working years between the ages of 25 and 44, in comparison to 30.4% in all of Queens, and 27% in Manhattan.

• 46.5% of the population has earned a Bachelor’s Degree or higher, in comparison to 29.9% in all of Queens. 31.4% of households earn over $100,000 per year, in comparison to 25.0% in all of Queens. The neighborhood’s highly educated and house-hold average earnings will continue to grow, as it continues to establish itself as an extension of Midtown Manhattan and attract new residents and businesses.

ECONOMY

• Queens has the highest level of employment among the boroughs outside of Manhattan, grow-ing by 6.6% over the past three years. The borough has also achieved employment averages consis-tently higher than the Citywide average over the past two decades because of its diverse economy.

• Private Sector Employment in Long Island City is extremely diverse, with 22% of employees in Health Care and Social Assistance, 12% in Transportation and Warehousing, 12% in Retail Trade, 9% in Construction, 9% in Professional and Business Services, 8% in Food Services, 6% in Financial Services, 5% in Manufacturing, and 17% in other industries.

• With the neighborhood’s proximity to Roosevelt Island and Midtown Manhattan, Long Island City serves as a feeder market to the many hospitals along First Avenue including Mount Sinai Beth Israel, NYU Langone Medical Center and Memo-rial Sloan Kettering Cancer Center, among many others, and the future Cornell Tech campus that will be opening its first phase in 2017 compromis-ing of about 800,000 SF of academic facilities and 600 students, and up to 2 MSF and 2,500 students when completed in 2043. 2 7 - 1 0 49TH AVENUE

PRIME INDUSTRIAL LEASING OPPORTUNITY LONG ISLAND CITY, NEW YORK

LEASING CONTACT

John Reinertsen Senior Vice President +1 718 289 7720 [email protected]

Matthew Giordano Senior Associate +1 718 289 7721 [email protected]

© 2017 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.