Real Estate Weekly
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Retail

Practicing the art of selling near MoMA PS1

Winick Realty Group announced that Aaron S. Fishbein and president Steven E. Baker have been named the exclusive brokers representing a one-of-a-kind retail availability at 22-22 Jackson Avenue.

The space is located directly next to MoMA PS1 and 5Pointz residential development in Long Island City.
The 5,585 s/f retail site sits at the base of 175 luxury residential units and features 24-foot ceilings, as well as floor-to-ceiling glass storefronts and up to 1,100 s/f of outdoor patio space dedicated for retail use.

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The retail sits at the base of the new Gershon Company luxury rental building.

The brokers believe the flagship opportunity is suited to financial institutions, established restaurants, coffee operators, apparel, gallery and other appropriate uses.

There are three retail points of entrance and customers will also be able to utilize the 200 parking spaces available in the building. Divisions will be considered.

“There has never been such a beautifully-built and prominently-located retail space in Long Island City, and nothing else on the market can compare,” said Fishbein, who is marketing the property on behalf of Gershon & Company.

“A retailer has the opportunity to position themselves near the Court Street Subway Station, which services more than six million riders annually; the 1,100-unit 5Pointz development; and MoMA PS1, located directly across the street, which sees over 150,000 visitors annually.”

Fishbein added, “Long Island City will see continued growth in the years ahead as approximately 30,000 new residential units are currently either planned or under construction in the immediate area, and this is on top of the existing office and university density.”

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