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1215 40th Ave 100 SF of Retail Space Available in Long Island City, NY 11101
Highlights
- Immediate access to Midtown Manhattan and key Queens neighborhoods
- Close proximity to major roadways and multiple subway lines serving LIC
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 100 SF | Negotiable | $352.67 CAD/SF/YR $29.39 CAD/SF/MO $35,267 CAD/YR $2,939 CAD/MO | Double Net |
1st Floor
- Lease rate does not include certain property expenses
- Fully Built-Out as Standard Retail Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 100 SF | Gross Leasable Area | 2,050 SF |
| Property Type | Retail | Year Built | 1920 |
| Total Space Available | 100 SF |
| Property Type | Retail |
| Gross Leasable Area | 2,050 SF |
| Year Built | 1920 |
About the Property
1215 40th Avenue is a versatile commercial property situated in the heart of Long Island City, one of New York City’s most dynamic and rapidly evolving submarkets. The location offers exceptional accessibility, benefiting from proximity to Manhattan, major arterials, and a strong transit network. Surrounded by a mix of industrial, creative, office, and residential developments, the property is well positioned for a range of commercial and light-industrial users seeking a strategic Queens address. The building benefits from a functional layout conducive to efficient operations, with strong visibility along 40th Avenue and convenient access for deliveries, employees, and visitors. Long Island City’s continued transformation—driven by residential growth, office demand, and expanding creative and life-science uses—supports the site’s long-term appeal and flexibility.
Nearby Major Retailers
Presented by
Santurce Professional Offices, Inc.
1215 40th Ave
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