54-08 Vernon Blvd & 5-20 - 5-50 54th Avenue

Off Market

54-08 Vernon Blvd, Long Island City, NY 11101

  • Industrial
  • Warehouse/Distribution
  • 51,500 Sqft

54-08 Vernon Blvd & 5-20 - 5-50 54th Avenue, Long Island City, NY 11101 - Industrial Space

54-08 Vernon Blvd & 5-20 - 5-50 54th Avenue is located at 54-08 Vernon Blvd in the Hunters Point neighborhood, NY, Long Island City, 11101. The Class B Industrial building was completed in 1967 and features a total of 51,500 Sqft.

There are 15 industrial spaces for lease in the Hunters Point neighborhood, totaling 102,067 Sqft of available industrial space. The industrial space availability for the 11101 zip code is 935,819 Sqft, in 66 industrial spaces. The average asking industrial rent per sq. ft. in Hunters Point is $24.83/sqft/year. For Class B industrial buildings the average industrial rate is $27.5/sqft/year, for Class C industrial buildings the average industrial rate is $30.64/sqft/year.

In Hunters Point, there are 15 class B industrial buildings. In 1967, the same year 54-08 Vernon Blvd & 5-20 - 5-50 54th Avenue was built, 2 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Long Island City, featuring 1,526,925 square feet of commercial space. At zip code level, there are 149 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 51,500 Sqft
  • Lot Size 1.57 Acre
  • Parking Spaces Avail. 25
  • Parking Ratio 0.50/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1967
  • Date Updated 07 Apr, 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 54-08 Vernon Blvd & 5-20 - 5-50 54th Avenue?

54-08 Vernon Blvd & 5-20 - 5-50 54th Avenue totals 51,500 square feet.

When was this property built?

54-08 Vernon Blvd & 5-20 - 5-50 54th Avenue was built in 1967.

Hunters Point Demographics

The average household income in zip code 11101 is $103,022, from a total of 13,169 households. In terms of employment, there are 89.17 % white-collar and 10.83 % blue-collar jobs in zip code 11101.

Population

  • Total Population13,465
  • Male Population(49.9 %) 6,720
  • Female Population(50.1 %) 6,745
  • Median Age33.00

Income/Financial

  • Average Household Income$105,789
  • Median Household Income$106,991
  • Median Income Under 25$48,173
  • Median Income 25-44$129,179
  • Median Income 45-64$115,634
  • Median Income Over 65$20,169