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Long Island City Medical Space for Lease NYC

  • Upon request
48th Ave, Long Island City, Medical Office Space For Rent 2,750 – 39,700 SF

38th Ave, Long Island City, Medical Office Space For Rent 10,050 – 26,050 SF

  • Upon request
38th Ave, Long Island City, NY 11101, USA

38th Ave, Long Island City, Medical Office Space For Rent 10,050 – 26,050 SF   38th Ave, Long Island City, […]

  • 10050 - 26050 Sq Ft
  • Upon request
  • Medical Office Space
Details

Long Island City

7 months ago
  • Upon request
48th Ave, Long Island City, Medical Office Space For Rent 2,750 – 39,700 SF

48th Ave, Long Island City, Medical Office Space For Rent 2,750 – 39,700 SF

  • Upon request
48th Avenue, Long Island City, NY 11101, USA

48th Ave, Long Island City, Medical Office Space For Rent 2,750 – 39,700 SF   48th Ave, Long Island City, […]

  • 2750 – 39700 Sq Ft
  • Upon request
  • Medical Office Space
Details

Long Island City

7 months ago

Long Island City Medical Space for Lease NYC

Long Island City Medical Space for Lease NYC. Long Island City (LIC), located in western Queens, has quickly become one of New York City’s most desirable commercial districts, especially for medical professionals and healthcare organizations. With proximity to Manhattan, strong transportation connectivity, and a steadily growing residential population, LIC is a strategic location for medical offices, urgent care centers, specialty clinics, and wellness providers.

This guide provides an in-depth look at the LIC medical leasing market, including pricing structures, transportation access, space types, and key considerations for healthcare tenants looking to lease medical real estate.

The Growing Healthcare Demand in Long Island City

Long Island City has undergone dramatic growth in the last 15 years. Once dominated by warehouses and factories, it now features a skyline of luxury residential towers, commercial spaces, and mixed-use developments. Thousands of new residents have moved into the area, increasing the demand for essential services—especially healthcare.

Medical tenants benefit from this population growth, as the area lacks an abundance of existing healthcare infrastructure. As a result, many landlords actively court healthcare professionals as anchor tenants, offering favorable lease terms, build-out allowances, and spaces designed for clinical use.

Lease Prices for Medical Space in Long Island City

Medical space pricing in LIC is influenced by property type, location within the neighborhood, proximity to transportation hubs, and whether the space is pre-configured for medical use. Rates are quoted per square foot annually.

Basic Medical Office Space (Converted Commercial Units)

  • Price range: $35–$50 per sq ft/year
  • Suitable for: Therapy practices, acupuncture, small primary care offices
  • Example: A 1,000 sq ft unit at $40 per sq ft = $40,000 annually, or $3,333/month

These are usually older properties that have been adapted to accommodate healthcare tenants but may lack modern HVAC, ADA-compliant features, or surgical-grade finishes.

Mid-Range Medical Suites (Pre-Configured or Semi-Built Out)

  • Price range: $50–$65 per sq ft/year
  • Suitable for: Internal medicine, dental offices, physical therapy, urgent care
  • Example: 2,500 sq ft unit at $60 per sq ft = $150,000 annually, or $12,500/month

These spaces often include reception areas, exam rooms, storage closets, restrooms, and sometimes medical equipment or plumbing infrastructure already in place.

Premium Medical Facilities (Ground Floor Retail or Class A Office)

  • Price range: $65–$80+ per sq ft/year
  • Suitable for: Multi-specialty clinics, surgical centers, imaging, fertility, dermatology
  • Example: A 5,000 sq ft clinic at $75 per sq ft = $375,000 annually, or $31,250/month

These high-end spaces are typically located on the ground floor of new developments or inside Class A commercial buildings. They offer modern finishes, prominent signage, accessibility features, and elevator or lobby access.

Types of Medical Spaces Available

LIC’s commercial building stock is diverse, offering a wide array of space types suitable for healthcare use.

Ground-Floor Retail Medical Clinics

  • Street-level visibility
  • Strong pedestrian foot traffic
  • ADA-compliant entrances and large window frontage
  • Popular with urgent care, dental, and walk-in clinics

These are among the most expensive options but offer prime exposure for building brand identity and walk-in business.

Class A Office Buildings with Medical Use

  • Located in commercial towers or mixed-use developments
  • High-speed elevators, HVAC zones, energy-efficient systems
  • May include doorman, reception lobby, and digital directories
  • Best for specialists, diagnostic imaging, or professional practices

These buildings attract well-established practices or healthcare groups seeking prestige, reliability, and a professional environment.

Converted Loft or Industrial Spaces

  • Open plans, flexible layout options
  • Often require more investment for fit-out (plumbing, HVAC)
  • Good value on rent, especially for therapy, acupuncture, or physical therapy practices

These are best for practices that don’t rely heavily on walk-in traffic and prefer larger spaces with customization potential.

Medical Suites Within Residential Towers

  • Located on lower floors of luxury developments
  • Typically built for service tenants (doctors, dentists, etc.)
  • Convenient for treating local residents

This is an excellent option for family doctors, pediatrics, dermatology, or concierge-style practices targeting local high-income patients.

Key Considerations When Leasing Medical Space in LIC

Medical leasing comes with unique requirements compared to traditional commercial real estate. Below are essential factors to evaluate:

Zoning and Compliance

  • Confirm that the space is legally zoned for medical use
  • Look for existing or prior use as a doctor’s office, dental suite, or diagnostic clinic
  • Ensure ADA compliance, fire exits, plumbing, and HVAC support medical activities

Tenant Improvement (TI) Allowances

  • Medical tenants often need specialized fit-outs (exam rooms, lead-lined walls, lab equipment)
  • Landlords may offer TI budgets, especially on long-term leases (5–10 years)
  • Always negotiate build-out periods and rent abatements during construction

HVAC and Utility Infrastructure

  • Medical spaces may require separate HVAC systems
  • Reliable water access and drainage is essential for dental and lab-based practices
  • Confirm whether utilities are separately metered

Parking and Accessibility

  • Inquire about on-site parking for patients, doctors, and delivery services
  • Ramps, elevators, and automatic doors are critical for patient access

Lease Structure and Duration

  • Standard lease term for medical tenants: 7–10 years
  • Consider options for renewal and expansion
  • Triple net (NNN) leases are common in newer developments—clarify your obligations
Best Practice Areas for LIC Medical Tenants

Medical professionals in the following fields often thrive in LIC due to neighborhood demographics, transit accessibility, and space availability:

  • General and family medicine
  • Pediatrics
  • Women’s health and OB/GYN
  • Physical therapy and rehabilitation
  • Psychiatry, psychology, and counseling
  • Dental and orthodontics
  • Dermatology and cosmetic procedures
  • Imaging and diagnostics
  • Urgent care and walk-in clinics
Conclusion

Long Island City represents one of the most promising markets in New York City for healthcare providers seeking medical office space. Its excellent transit infrastructure, increasing population, and diverse real estate inventory make it an ideal location for both new and expanding practices.

Summary Highlights:

  • Lease prices range from $35 to $80+ per sq ft/year
  • Transit options include subway, bus, LIRR, and ferry
  • Space types range from ground-floor clinics to high-rise medical suites
  • Key lease factors include zoning, build-out needs, HVAC, and patient access
Transportation Access in Long Island City

One of LIC’s most compelling features for healthcare providers is its outstanding transit accessibility. For both staff and patients, ease of access is essential—and LIC delivers it with multiple options.

Subway Connections

LIC is served by several subway lines, making it easily accessible from Manhattan, Brooklyn, and other parts of Queens:

  • 7 train: Direct link to Grand Central and Times Square
  • E, M, R trains: Access to Midtown and Downtown Manhattan
  • G train: A direct Queens–Brooklyn connection
  • N, W trains: Additional options for cross-borough commuting

A healthcare facility located within a few blocks of these lines can attract patients from across the city, particularly younger or working populations who rely on public transit.

Bus Routes

Several local bus lines intersect throughout LIC, including crosstown routes and shuttles that connect with subway and rail lines. Buses play a vital role in serving neighborhoods without direct subway access and accommodate patients with mobility limitations.

Long Island Rail Road (LIRR)

LIC has two LIRR stations—Hunterspoint Avenue and Long Island City Station—providing direct access to eastern Queens, Nassau, and Suffolk counties. These stations make it feasible for healthcare professionals who live outside the city to work in LIC or for patients commuting from Long Island.

NYC Ferry Service

Ferry routes stop in the waterfront areas of LIC, offering another commuting option, especially for patients coming from Midtown, Wall Street, Brooklyn, or other waterfront neighborhoods. The ferry system is a minor but growing transit option for LIC professionals.

Roadways and Parking

LIC sits adjacent to major roads like the Queensboro Bridge and the Midtown Tunnel, allowing easy access for patients arriving by car. While parking is limited in most areas, newer developments often include underground garages, valet stations, or reserved parking for medical tenants.

 

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MANHATTAN OFFICE SPACE MARKET INFORMATION

  • INVENTORY SF 532 M,  Prior Period 531 M
  • UNDER CONSTRUCTION SF 6.5 M, Prior Period 7.1 M
  • VACANCY RATE 15.5%,  Prior Period 15,9% 
  • AVERAGE MARKET RENT/SF  $77, Prior Period $76.50
  • MARKET SALE PRICE/SF  $680, Prior Period $750 
  • MARKET CAP RATE  6.2%, Prior Period 5.8%

Availability

  • Vacant SF 82 M, Sublet SF 15 M
  • Availability Rate 15.5%, Available SF 84 M
  • Available average Asking Rent/SF $55
  • Occupancy Rate 85%, Percent Leased Rate 90%

Office Sales Past Year

  • Asking Price Per SF $635
  • Sale to Asking Price Differential -20%
  • Sales Volume $9 B
  • Properties Sold 195
  • Months to Sale 14
  • For Sale Listings 220
  • Total For Sale SF 5.1 M

Demand

  • 12 Months Net Absorp % of Inventory 0.5%
  • 12 Months Leased SF 41 M
  • Months on Market 15
  • Months to Lease 10
  • Months Vacant 10
  • 24 Months Lease Renewal Rate 47%
  • Population Growth 5 Years -6% 
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30 E 60th Street, NY, NY Office Medical space for lease 500-25000 sq ft

  • $50-$70 per SF
  • 300 - 20,000 Sq Ft
  • $50-$70 per SF
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  • Low price sublet
  • 1700 - 5000 Sq Ft
  • Low price sublet

30 E 60th Street, NY, NY, Retail, Art Gallery space for lease, UES

  • Upon request
  • 1700 - 3500 Sq Ft
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250 W 54th St, Columbus Circle, NYC Class B Office space for lease

  • Upon request
  • 1850 - 3000-10,000 Sq Ft
  • Upon request

Penn Station, NY, Class A Office space 5,000 -10,000 sq ft. for sublease

  • 5000 - 10,000 Sq Ft

750 Lexington Ave NYC, Class A Office space for rent 2300-5000 SF in UES

  • Upon request
  • 2300 - 5000 Sq Ft
  • Upon request

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