Long Island City s Fastest Growing Neighborhood BORDEN AVENUE SIX STORY PROMINENT LIC LOFT BUILDING FOR PARTIAL LEASE LONG ISLAND CITY, NY

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1 Long Island City s Fastest Growing Neighborhood BORDEN AVENUE SIX STORY PROMINENT LIC LOFT BUILDING FOR PARTIAL LEASE LONG ISLAND CITY, NY 1

2 SUMMARY 75,600 square feet prime loft building in the heart of Long Island City. FLOOR SQ.FT. OCCUPANCY ASKING PRICE 1 15,120 SF (Leased) NA SF (Leased) NA 3 15,120 SF (Available 3/1/2017) $25.00 Per RSF 4 15,120 SF (Available 3/1/2018) $26.00 Per RSF 5 7,560 SF (Leased) NA 6 7,560 SF (Available 11/1/2017) $27.50 Per RSF 2

3 PROPERTY HIGHLIGHTS - Steps to LIRR 7 train (Hunters Point Avenue) - One Passenger Elevator - One Freight Elevator - Renovated Bathrooms - Natural Light on 4 sides - Spectacular views of Manhattan - New Lobby/Façade - REAP Eligible - Convenient to multiple subway lines, bus routes, the Queensboro Bridge, the Long Island Expressway and the Midtown Tunnel. 3

4 ED KOCH QUEENSBORO BRIDGE MIDTOWN TUNNEL SILVERCUP STUDIOS ND STREET ONE COURT SQUARE Vernon 7 Blvd Jackson Ave Court Square G 7 Queens Plaza BORDEN AVENUE Hunters Point Ave LIRR 7 LONG FEDEX FACILITY BORDEN AVENUE N Q R E M 7 ISLA E G Court Square M 7 ND R AILR O AD THE FACTORY BUILDING TH AVENUE LONG ISLAND EXPRESSWAY 4

5 TRANSPORTATION Subway Renovations Major renovations to the area s subway stations are ongoing: Repainting of the elevated tracks throughout Queens Plaza - The Queensboro Plaza station is currently being renovated by the NYMTA and is slated to ultimately become part of the - LaGuardia Airport Access project, an important addition to New York City s infrastructure. - The Court Square subway station has also been renovated to include new internal transfer infrastructure. New Long Island Railroad Station a new Long Island Rail Road station is slated to be built just a short subway ride from the Property. The new station is part of the LIRR East Side Access project, which will connect the LIRR to Grand Central Terminal. The massive infrastructure project is already underway, with many of the main tunnels already complete. The new station will further enhance the Property s outstanding transportation access. Queens Plaza Renovation $76.4 million renovation of the Queens Plaza, improved traffic circulation and pedestrian/bicycle access while beautifying the neighborhood and adding a 1.5-acre public park. Jackson Avenue Beautification A similar beautification of this major commercial and retail corridor that connects Queens Plaza to Court Square included new landscaped medians, sidewalks, and parks. Additionally, a separate $76 million MTA project created a new vent plant for the subway lines that run beneath Jackson Avenue BORDEN AVENUE 5

6 Contact the Team: JOHN REINERTSEN Senior Vice President JOSHUA KLEINBERG First Vice President CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. 11/12 PMC