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5-33 48th Ave - The Zipper Building 6,278 SF Retail Condo Unit Offered at $3,900,000 in Long Island City, NY 11101
INVESTMENT HIGHLIGHTS
- Turnkey, Brand New Construction 3,389 SF high-spec medical retail condo
- 2,889 SF of Storage that also comes with 4 dedicated parking spaces.
- Prime Transit and Walk Score Rider’s (100), Walker’s (96).
- Optimized Clinical Layout featuring 12 exam rooms.
- Massive Patient Pool with OneLIC rezoning and ideal location.
EXECUTIVE SUMMARY
Positioned in the heart of Long Island City, this turnkey medical-ready space offers unparalleled access to leading hospitals and specialty practices within minutes, creating a strong referral network for any healthcare provider. The property is steps from major public transit options, including the 7, E, and M subway lines and multiple bus routes, ensuring convenience for patients and staff. Surrounded by a thriving mix of residential and commercial development, this location combines high visibility with proximity to Mount Sinai Queens and other established medical facilities, making it an ideal choice for growing practices.
PROPERTY FACTS
| Total Building Size | 98,359 SF | Floors | 8 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 10,048 SF |
| Property Subtype | Apartment | Year Built | 2019 |
| Building Class | B | Lot Size | 0.31 AC |
| Zoning | M14R7A | ||
| Total Building Size | 98,359 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 8 |
| Typical Floor Size | 10,048 SF |
| Year Built | 2019 |
| Lot Size | 0.31 AC |
| Zoning | M14R7A |
AMENITIES
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Doorman
- Package Service
- Elevator
- Lounge
- Maintenance on site
1 UNIT AVAILABLE
Unit Retail
| Unit Size | 6,278 SF | Sale Type | Investment or Owner User |
| Price | $3,900,000 | Cap Rate | 6.69% |
| Price Per SF | $621.22 | NOI | $260,791 |
| Condo Use | Retail | No. Parking Spaces | 4 |
| Unit Size | 6,278 SF |
| Price | $3,900,000 |
| Price Per SF | $621.22 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.69% |
| NOI | $260,791 |
| No. Parking Spaces | 4 |
DESCRIPTION
Vacant retail condominium formerly occupied by an urgent care provider, featuring a high-quality, medical-grade build-out. The space includes 12 fully built exam rooms, a 2,889 SF basement with dedicated storage, and on-site parking.
SALE NOTES
Located in the heart of Long Island City’s Hunters Point neighborhood, this vacant retail condominium offers a ready-to-use solution for an owner-user seeking a prime location with quality infrastructure. Previously occupied by an urgent care provider, the space includes a medical-grade build-out with 12 exam rooms, a 2,889 SF basement for storage, and on-site parking, making it ideal for healthcare, wellness, or other service-oriented businesses.
+7 More
IMG-9104
IMG-9107
IMG-9108
IMG-9109
IMG-9119
IMG-9120
IMG-9123
IMG-9133
IMG-9143
IMG-9145
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IMG-9158
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 41 | - | - |
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5-33 48th Ave - The Zipper Building
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