Modern Spaces is proud to exclusively offer two retail commercial units for sale at the Corte Condominium in Long Island City. At over 16,000sf, Corte Retail A & B are valuable additions to the overall retail market in Long Island City’s thriving neighborhood. The two units are subdivided and fully leased to four essential businesses that add significance to the neighborhood makeup. These businesses include L Eye C Optics, Honey Nail Salon, Bright Start Day Care, and Local Locker Self Storage. We welcome you to inquire about this amazing investment opportunity that generates immediate cash flow with long-term tenants. Annual NOI is approximately $700k at a cap rate of 5.34%. The Industrial & Commercial Abatement Program (ICAP) effective through June 2037. Built in 2019, Corte is an 8-story, 85-unit residential and two-unit commercial mixed-use condominium designed by Argentinian architects Dieguez Friedman and NYC-based Beyer Blinder Belle. Corte is a bold building with clean lines and rich architectural details, featuring a contemporary façade composed of full-height Wicona-Italian glass windows wrapping a cascade of “jewel box”-style units, creating a visually stunning experience. The Neighborhood: LIC population grew by 40% between 2010 and 2020. This growth is 5x faster than the growth rate for NYC. Foot traffic along Jackson Avenue, 1 block from Corte, has increased more than 300%. Neighborhood facts include: 8 train lines 7, E, F, G, M, N, R, W; 15 bus lines; 3 Ferry Landings; and close proximity to JFK & LGA. Notable neighbors include MoMa PS1, Trader Joe’s, Target, Starbucks, Chipotle, Sweetgreen, CUNY School of Law, Orange Theory, Paris Baguette. The information contained herein is deemed reliable but not guaranteed. Prospective buyers should conduct their own thorough due diligence and verify all information.