27-28 Thomson Avenue

Avison Young, as exclusive agent, is pleased to offer for sale 27-28 Thomson Avenue (“the Garage”), a garage condominium with 200 spaces located at the base of the Arris Lofts, a luxury residential tower in the heart of Long Island City. The Garage, which is open 24/7, is situated at the corner of Thomson Avenue and 44th Drive, offering immediate access to the Queens/Midtown Tunnel as well as the Court Square Subway station, where the 7-line services in Midtown Manhattan in less than 20 minutes. There is a fresh management agreement with MPG, a seasoned operator, in-place as of December 2024, and investors would benefit from steady cash flow immediately. Further, a garage user could unlock additional upside with the absence of a management contract. The Garage is strategically located and is poised to successfully meet the demand of monthly parkers either living in the ever-growing downtown Long Island City, commuters to Manhattan looking for more reasonably priced parking solutions, or daily transients.