Plaza 48
3500 48th Street
Long Island City, NY 11101
https://thebrokerlist.com/have/plaza-48-117634
FOR LEASE
Property Type:
Street Retail
Last Verified:
Sep 14, 2021
- Plaza 48 is located on 48th Street, just off Northern Blvd. in the densely populated Long Island City area of Queens
- The tenants draw from the local trade area as well as from the surrounding communities
- It is one of the few strip centers in Queens with sufficient on-site parking and roadway access
- Inner City Community Shopping Center
- Parking available for 400 cars
- Major Tenants: BJ's Wholesale Club, David's Bridal, and Burlington Coat Factory
Additional URLs
Map of 3500 48th Street, Long Island City, NY, 11101
What are Real Estate Incentives?
Real Estate incentives range widely and have been overlooked by the
Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
- U.S. Public: Many incentives focus on job creation and Affordable Housing
- Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
- Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
- Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
