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2728 Thomson Ave - Arris Lofts 17,842 SF Retail Condo Unit Offered at $18,826,513 CAD in Long Island City, NY 11101
1 Unit Available
Unit Retail Condo
| Unit Size | 17,842 SF | Sale Type | Investment |
| Price | $18,826,513 CAD | Cap Rate | 4.92% |
| Price Per SF | $1,055.18 CAD | NOI | $927,080.24 CAD |
| Condo Use | Retail |
| Unit Size | 17,842 SF |
| Price | $18,826,513 CAD |
| Price Per SF | $1,055.18 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 4.92% |
| NOI | $927,080.24 CAD |
Sale Notes
Modern Spaces Commercial + Investment Division has been exclusively retained to handle the disposition of the retail condominium at Arris Lofts. Located within the iconic Arris Lofts at 27-28 Thomson Avenue, this unique commercial condominium presents a rare opportunity to own space in one of Long Island City’s most established and architecturally distinctive loft buildings. The 17,842 square foot space offers approximately 433 square feet of corner frontage facing Court Square.
Positioned at the nexus of Court Square and Queens Plaza, the property benefits from one of the most transit-rich and rapidly evolving corridors in New York City. This prime location offers immediate access to multiple subway lines, providing seamless connectivity to Midtown Manhattan—just one stop away—as well as Brooklyn and Queens.
This retail condominium offers an excellent opportunity for an investor seeking turnkey cashflow from credit tenants in the Long Island City market.
Property Facts
| Total Building Size | 515,254 SF | Typical Floor Size | 92,821 SF |
| Property Type | Multifamily (Condo) | Year Built | 1920 |
| Property Subtype | Apartment | Lot Size | 1.82 AC |
| Building Class | B | Parking Ratio | 10/1,000 SF |
| Floors | 8 | ||
| Zoning | M1-4,Queens,(F1) - Light industrial with offices, hotels, and most retail uses permitted | ||
| Total Building Size | 515,254 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 8 |
| Typical Floor Size | 92,821 SF |
| Year Built | 1920 |
| Lot Size | 1.82 AC |
| Parking Ratio | 10/1,000 SF |
| Zoning | M1-4,Queens,(F1) - Light industrial with offices, hotels, and most retail uses permitted |
Amenities
Site Amenities
- Concierge
- Courtyard
- Fitness Center
- Pool
- Doorman
- Vintage Building
- Wi-Fi
- Roof Terrace
- Bicycle Storage
- Elevator
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 237 | - | - |
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2728 Thomson Ave - Arris Lofts
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