5-06 51st Avenue, Long Island City, NY 11101 - Retail Space
5-06 51st Avenue is located at 5-06 51st Avenue in the Hunters Point neighborhood, NY, Long Island City, 11101. The Retail building was completed in 2021 and features a total of 40,000 Sqft.
There are 20 retail spaces for lease in the Hunters Point neighborhood, totaling 24,500 Sqft of available retail space. The retail space availability for the 11101 zip code is 76,279 Sqft, in 74 retail spaces. The average asking retail rent per sq. ft. in Hunters Point is $64/sqft/year. For Class B retail buildings the average retail rate is $80/sqft/year.
In Hunters Point, there is 1 class B retail building. In 2021, the same year 5-06 51st Avenue was built, 17 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Long Island City, featuring 1,656,181 square feet of commercial space. At zip code level, there are 149 commercial properties, of which 9 are retail buildings over 50,000 square feet.