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- LoopNet Team
2130 44th Dr
Long Island City, NY 11101
CORTE · Build-to-Rent Property For Sale
·
85 Units
INVESTMENT HIGHLIGHTS
- Immediate Cash Flow with Long-Term Tenants
- 15-year ICAP in Effect Through June 2037
- Located in Transit Hub of 8 Subway Train Lines, 15 Bus Lines & 3 Ferry Landings
- High NOI
- Neighborhood Growth is 5x Faster than the Growth Rate for all of NYC (Source: LIC Partnership)
- Notable Neighbors: MoMa Ps1, Trader Joe's, Target, Starbucks, Chipotle, CUNY Law School, Orange Theory, Sweetgreen, Paris Baquette
EXECUTIVE SUMMARY
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 New York-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. About the Neighborhood – Long Island City Long Island City is located in the western section of Queens. The population grew by 40% between 2010 and 2020. This growth is 5x faster than the growth rate for NYC. Foot traffic along Jackson Avenue, just one block from Corte, has increased more than 300% since 2007 (source: LIC Partnership). Neighborhood Facts * Eight subway lines – 7, E, F, G, M, N, R, W * 15 Bus lines * 74 Citi Bike Stations * 3 Ferry Landings * Close proximity to La Guardia and JFK airports * Notable Corte neighbors include: MoMa PS1, Trader Joe’s, Target, Starbucks, Chipotle, Sweetgreen, CUNY School of Law, Orange Theory, Paris Baguette
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Heating
- Kitchen
- Wooden Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Fitness Centre
- Doorman
- Furnished Flats Available
- Smoke Free
- Bicycle Storage
- Lift
- Smoke Detector
