47-11 Austell Place

Long Island City, NY

  • 170,334 rentable sf
  • Unrealized

47-11 Austell Place, located in Long Island City, is a 138,000 square foot industrial building with as-of-right expansion rights for an additional 32,000 square feet. Normandy is redeveloping the Property into a Class A creative office building, which includes the addition of two new floors. The building’s physical attributes include high ceilings, oversized factory windows, light on four sides, efficient open floor plates, extensive frontage on a unique cobblestone street, and usable terraces for all tenants. Following renovation, the building will be one the best buildings in the Brooklyn-Queens Waterfront, and the property’s dynamic Long Island City submarket is becoming a very attractive office market for tenants coming from Manhattan due to great transportation access and a large increase in residential development spurring the creation of new amenities.