Bridge Property Advisors has been exclusively retained to arrange the sale or long-term lease of 26-27 Jackson Avenue (the “Property” or “Site”), a corner redevelopment opportunity in the highly sought after Long Island City neighborhood. The Property currently consists of a two-story, 4,000 square foot industrial building that will be delivered vacant. The existing asset could lend itself well to an end-user seeking a standalone boutique building in this location. The 2,000 square foot (20’ x 100’) corner lot, is zoned M1-6/R10 and allows for a total of approximately 24,000 buildable square feet for residential or mixed-use development.

The Property is ideally located on the corner of Jackson and 43rd Avenue in the heart of Long Island City, along Jackson Avenue’s buzzing retail and on the same block as Rockrose’s 51-story, residential tower – Hayden. Long Island City has seen a spur of new developments in recent years and continues to set all-time pricing records for land sales, residential condominium sales and residential rents in Queens.

26-27 Jackson Avenue is conveniently located within walking distance to the E, F, R, G and 7 subway lines at Queens Plaza and Court Square. Coupled with easy access to the Queensboro Bridge, Queens Midtown Tunnel and Long Island Expressway, the location provides seamless travel to and from Midtown Manhattan, as well as accessibility to other parts of Queens, Brooklyn and Long Island. This offering presents the unique opportunity to develop a corner, boutique mixed-use residential rental or condominium building or for a high-end retailer or restaurant to use the existing building that wants to have a standalone building in one of the fastest growing neighborhoods in New York City.