42-16 11th Street

Off Market

42-16 11th Street, Long Island City, NY 11101

  • Industrial
  • Warehouse/Distribution
  • 55,731 Sqft

42-16 11th Street, Long Island City, NY 11101 - Industrial Space

42-16 11th Street is located at 42-16 11th Street in the Hunters Point neighborhood, NY, Long Island City, 11101. The Class C Industrial building was completed in 1930 and features a total of 55,731 Sqft.

There are 18 industrial spaces for lease in the Hunters Point neighborhood, totaling 99,697 Sqft of available industrial space. The industrial space availability for the 11101 zip code is 741,049 Sqft, in 64 industrial spaces. The average asking industrial rent per sq. ft. in Hunters Point is $28.97/sqft/year. For Class B industrial buildings the average industrial rate is $38.6/sqft/year, for Class C industrial buildings the average industrial rate is $30.64/sqft/year.

In Hunters Point, there are 20 class C industrial buildings. In 1930, the same year 42-16 11th Street was built, 15 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Long Island City, featuring 1,846,591 square feet of commercial space. At zip code level, there are 148 commercial properties, of which 74 are industrial buildings over 50,000 square feet.

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Details

  • City Long Island City
  • Neighborhood Hunters Point
  • Zip Code 11101
  • Market Queens
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 55,731 Sqft
  • Lot Size 1.28 Acre
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1930
  • Date Updated 08 May, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 42-16 11th Street?

42-16 11th Street totals 55,731 square feet.

When was this property built?

42-16 11th Street was built in 1930.

Hunters Point Demographics

The average household income in zip code 11101 is $114,060, from a total of 13,896 households. In terms of employment, there are 90.54 % white-collar and 9.46 % blue-collar jobs in zip code 11101.

Population

  • Total Population13,818
  • Male Population(49.8 %) 6,883
  • Female Population(50.2 %) 6,935
  • Median Age34.00

Income/Financial

  • Average Household Income$116,748
  • Median Household Income$118,103
  • Median Income Under 25$82,992
  • Median Income 25-44$142,870
  • Median Income 45-64$118,448
  • Median Income Over 65$21,826