Office

21-01 51st Avenue LIC

2101 51st Ave Long Island City, New York United States 11101-4526
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 1920
Building Area
Land Area ()

Property description

JLL has been hired on an exclusive basis to arrange for the sale of 21-01 51st Avenue, a ~63,000 RSF Class A Office building in Long Island City.

Investment highlights

JLL has been retained on an exclusive basis to market for sale the leasehold position in The Cardinal Building, located at 21-01 51st Avenue in Long Island City. The current sponsor recently completed an approximately $10 million capital campaign to fully renovate and reposition the building into a flexible, Class A office property. The turnkey

asset stands three stories, contains approximately 63,000 rentable square feet and will be delivered vacant for immediate occupancy. The Cardinal Building represents an ideal opportunity for a user or investor seeking to capitalize on the growth of Long Island City.

Last Updated Date: 24 Jul 2021
Bob Knakal
Bob Knakal
Chairman, NY Investment Sales, New York Office Co-Head
Broker Licenses
NY-10311207925
Jonathan Hageman
Jonathan Hageman
Managing Director, Capital Markets
Broker Licenses
NY-10301212436
+1 (212) 8125995
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+13129406848
Last Updated Date: 24 Jul 2021

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