One of the fastest growing neighborhoods in New York City, Long Island City is located in the southwest corner of Queens. This mixed-use central business district has one of the highest concentrations of art galleries of any neighborhood. Long Island City also boasts easy access from most of Manhattan, Brooklyn, and the Bronx.
Home to more than 6,600 businesses that employ more than 106,000 workers, Long Island City New York is the location for JetBlue corporate headquarters, the biggest fortune cookie factory in the United States, and numerous other legal, advertising, internet, financial, and technology firms. Notable businesses that have Long Island City office space include Citibank, NYC Department of Health, MetLife, Publicis, Silvercup Studios, and Kaufman Astoria Studios.
What Our Brokers Say About Long Island City Office Space for Lease
Long Island City, or simply “LIC,” offers plenty of options for office spaces, such as locations with waterfront views, offices featuring open warehouse lofts, and smaller office spaces with flexible lease terms. A 2001 rezoning project brought significant residential and commercial real estate investments in Long Island City New York and Hunters Point, with a range of retail and office space options for businesses of all sizes.
Many of the buildings in Long Island City have been completely repurposed. Long Island City New York was once full of factories and bakeries. One of the last major factories in the area was Eagle Electric, which eventually moved to China. The former site of Silvercup bakery now houses the similarly named Silvercup Studios, known for producing NBC’s sitcom 30 Rock and HBO’s Sex and the City.
LaGuardia Community College now uses properties once occupied by the Ford Instrument Company, as well as a building where the Sunshine Bakery used to operate. Another example is the Standard Motor Products headquarters, which was originally a manufacturing site in Long Island City New York. In 2014, the property changed hands and now houses the Jim Henson Company and a commercial rooftop farm operated by Brooklyn Grange, among other businesses.
Amenities Near Offices in Long Island City, Queens
Businesses and employees that work in Long Island City office space enjoy a broad range of amenities to provide a great work-life balance. There are more than 20 art galleries, a mix of Michelin Star restaurants and cheap eats, and dozens of bars and coffee shops. During a lunch break or when meeting a client, office employees can sit outside at John F Murray Playground, take in scenic views of Manhattan from Gantry Plaza State Park or Hunters Point South Park, or check out an exhibit at MoMA PS1, The Museum of the Moving Image, or the Noguchi Museum.
Long Island City Commercial Real Estate | Lease Data and Trends
Long Island City is one of New York City’s eight Central Business Districts. Its convenient location, excellent transportation options, and reputation for Class A office towers make the real estate properties here very valuable. Despite these attractive features, many Long Island City office spaces still lease for significantly less than most of Manhattan and trendy Brooklyn areas such as DUMBO, Downtown Brooklyn, or Williamsburg.
Office space is relatively easy to find in Long Island City. Currently, the neighborhood features more than 40.6 million square feet of office space.
Many Transportation Options for Long Island City Office Commuters
The New York City Subway stations located in or near Long Island City are Queensboro Plaza, 39th Avenue, Vernon Boulevard—Jackson Avenue, Hunters Point Avenue, and Court Square. Commuters can use the 7, E, F, G, M, N, R, and W train lines. Long Island Rail Road stations bring in workers along the Babylon, Far Rockaway, Montauk, Oyster Bay, Port Jefferson, and Ronkonkoma lines. Commuters can also take the 7 train directly to and from Grand Central Station, making Long Island City an accommodating office location for many urban and suburbanites. Thirteen different bus routes also run through the area, providing plentiful options.
Top Commercial Properties for Lease in Long Island City, Queens
Businesses looking for available properties for lease in New York City that are cost-effective will want to explore options in Long Island City, Queens. Begin by looking at these three Squarefoot-recommended office buildings:
– 31-00 47th Avenue: 31-00 47th Avenue, known as the Falchi Building, is an enormous industrial style office building that spans a full block of Long Island City. Built in 1922, the Falchi Building has five stories and 711,194 square feet of space. This Class B office building currently has a wide range of rental options.
Contact us for pricing, details, or a tour. Notable tenants working in the Falchi Building include Uber Greenlight, Swiss Post Solutions, and Doughnut Plant. 31-00 47th Avenue also has more than 200 parking spaces for tenants.
– 4301 22nd Street: 4301 22nd Street is a renovated office building located in the heart of Long Island City. It primarily attracts small and medium-sized companies. The building has high ceilings, long windows, and wonderful views of Manhattan. Originally built in 1925, this 222,000 square foot building has a lot of vacant space right now in a range of size options available to rent.
– 10-27 46th Road: Building 10-27 is a 60,000 square foot industrial property located at 10-27 46th Road between Vernon Boulevard and 11th Street. It features tons of natural light, high ceilings, wood floors, 24/7 building access, and a recently renovated workspace. This Class B building currently has dozens of different units available for leasing, so now is the time to get a wide range of choices.
Contact us to learn more about these and other available properties in Long Island City, Queens—and beyond. From Midtown Manhattan to New Jersey, we can help you find a New York City area office space that suits your business needs.