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Vernon Blvd store goes on the rental market for $9,500 per month

49-11 Vernon Blvd

Dec. 29, 2015 Staff Report

A Vernon Blvd store that is currently occupied by Paris Health is available for rent.

The property, located at 49-11 Vernon Blvd, has been listed by Modern Spaces at $9,500 per month.

Paris Health is best known for its smoothies and juices. It has a 5-star Yelp Rating based on 16 reviews.

The ground floor is 870 square feet, according to the listing, while the basement is 850 square feet. There is also a back yard space.

“This location is at the heart of Vernon Boulevard, amongst the active commercial core of LIC and mere steps away from the Vernon Jackson Train Station,” the ad reads.

Workers at Paris Health were unaware that the space was available to rent.

email the author: news@queenspost.com

50 Comments

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Keller

How about a Taco Bell now that the army navy store has been leased by McDonald’s Express, the area can use more diverse foods.

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Anonymous

that’s just word on the street. Don’t think peter inked a deal so fast. Nothing happens that fast. They may be talking but, that deal will take a long time with the lawyers going back and forth.

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Anonymous

Even though I’m not a fan of McDonald’s, It’s never a slap in the face when people are spending money opening businesses here.They are investing in the neighborhood. McDonald’s is a franchise owned by a private individual. All the money isn’t going to some big corp. Sure there are royalties but the bulk of the profit goes to private owners or is paid in taxes.

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Greg

I will certainly miss the coffee, the cakes and the muffins they re-wrap and sell from Costco.

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terrae

If modern spaces gave a shit about what comes out here they would be more selective with owners when helping to find new tenants.

they don’t, and you’re foolish to think they may.

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glad to see

Just curios, What is the issue with modern spaces? A broker advertises, shows a space and presents the offers to the landlord. Brokers don’t make any decisions as to who a landlord accepts. It’s the landlords you might want to ask to be more selective. The broker is required to bring all offers to the landlord.

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blah

we have no chain stores besides the bare burger, pay o matic, and Dunkin Donuts within this immediate vicinity.
please remind me of any others i may have left out.

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Hi

Subway on Jackson, Getting a Chipotle on Jackson, and every real estate office on Vernon is a chain in the sense that there are multiples of them.

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hello

That’s not Vernon, is it?

Real estate offices definitely are not like chain stores.
Considering Modern spaces is the only one who finds it necessary to have locations within a stones throw……go bother them.

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hi

Its on Jackson, as I said, but it is still in the immediate vicinity. All the real estate offices are the same to me, and there are far too many of them a “stones throw” away from one another in what could be prime retail space for useful daily businesses, if only the landlords could be reasonable enough to not price out everyone who isnt a chain, real estate office or bank.

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Giorgio

Great. Another crappy chain store or restaurant will move in because with commercial rents being completely insane in NYC, that’s the only type of business that can afford to be here. How many more bars and overpriced restaurants can this neighborhood support?

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glad to see

From what I know, some of the more recent stores are paying. Vernon seems to be running about $100 to over $120 a foot for retail. Looks like they are asking about $131.03 a foot. So yeah this is slightly above the current range but, you have the yard and a good amount of basement space according to the article. It doesn’t seem that far off. I Don’t believe that I am naive just honest. The bare burger spot was asking 15K a month and was rented almost immediately. That was over a year ago if my memory serves me correctly. Every store owner isn’t a sucker. Some of them are making big bucks and good for them. This is just the going rate here. Someone will only rent it if they believe the numbers will work for them. Look at 1 Vernon/Jackson. They are asking crazy rent and it has been empty for years. The retail space at Arris (I know not Vernon) was empty until last month. Empty about 7 years? The good thing about the higher rents is that it should weed out low most end offerings. The economics won’t work, and I don’t believe we want or need crown fried chicken or more bad American Chinese fast food. Lets all hope we get something good there. Something that will add to the neighborhood and flourish.

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Anonymous visitor

Thanks for informing me! It’s nice to know at least one person in the neighborhood knows what’s good for the rest of us.

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hello

i’m a commercial broker in the area.

what would you like to see here?

I am taking suggestions from local residents as there is no kind of business improvement district for LIC.

we have too much asian food already, enough italian, and plenty of spots to get a burger.

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St. Rd. Dr. Ave.

@hello – How about a little coffee shop with reasonably priced breakfast sandwiches veggie/fruit juices made to order? It would be perfect if it was one of the last places that have some of the old vibe still lingering, and a long time owner who loves and cares about the neighborhood. (And no, I’m not the owner. I’m just a fan that frequents the joint.)

@Vivian “needs a major update?” I wholeheartedly disagree. Paris Donut is one of the last cool little places left around, as far as I’m concerned. Aren’t there enough shiny new things around with marketing-approved themes straight out of an amusement park?

I’ll be very sad if that place goes.

Reply
Hi

does it have to be food related? We are still missing a few services in the area, namely shoe repair.

If it has to be food, I would recommend Greek, Lebanese or Mediterranean (no offense to kavala, just something a little less fancy/stylized, and more falafel/gyro/greek salad like)

We also could use a good place for Smoothies and healthy stuff, if Paris doesn’t get to stay.

It may be the weather, but that space could fit a Soupman type joint really well too

Sadly, I don’t know that any of these business could afford $9,500 a month in rent – just please no more nail salons or real estate offices!

Reply
hello

A shoe repair could not absorb the overhead. in my opinion as an agent at least.
I’m not sure how popular Lebanese would be in this area, but some more Greek and Mediterranean would definitely be a nice touch. I haven’t been to Kavala, but the mere fact they aren’t open for lunch is a huge turn off.

I’m not sure how well a soupman type store would go over, but something along those lines sounds nice. The main issue is food is the only thing that creates enough turnover for spaces in this area as rents are quite unreasonable.

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Anonymous

Shoe repair doesn’t warrant a whole storefront. Just a small spot in one of the existing cleaners, the amount of space a seamstress would use. Or maybe even just a drop off location at one of the cleaners. That is not a storefront business today. Its a service that the local operators weren’t clever enough to incorporate into there business plan. HELLO CLEANERS. HINT HINT

terrae

you regret to mention bareburger is a corner spot, which garners more value.

$131 is steep for this space. it’s a great location, but it’s a reach. Yet, the old El Ay Si location landed $120 and its around the same size, but the basement is significantly smaller, at around 400 sq feet.

fortunately LIC seems to be an area with such a demand that only those who can afford it have been coming here. Astoria has tons of empty retail from stupid landlords who rent to companies with weak financials and shit concepts.

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LICfly

Just want to make clear the reason for 1VJ retail space being empty isn’t the high rates. 1VJ developer is extremely selective in its lease of the retail space, evidenced by leaving it empty for years. They have been made offers and all have been declined.

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Anonymous

They were asking over 50K for the ground floor. 25K each side at one point. So you are entirely wrong

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Mac

@Ouch A smooth talking broker will help convince some trusting prospect to mortgage himself to the hilt. The Real Estate Broker along with a banker and or mortgage broker will tell the prospect that his initial “analysis” were too low and he’ll have to go ever higher. They know they see it all the time and we know this market.. The broker will quickly turn up the heat on the poor sucker telling him somebody else is ready to sign….You know I can’t disclose who it is it that would be unethical. hahaha You better go see my good buddy about raising your debt financing. This neighborhood is hot and going through the roof and the other renter knows this and won’t let an opportunity like this slip by..He’s a sharp prospect..Blah blah blah They’ll be out of business within 2 years…Lets watch and see if all of my predictions come true….Only time will tell…

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N'Cheese

Awe…Mac is feeling insecure. I own real estate, and I would rather take advice from a bum off the street than someone like you. Really, go crawl back between the thighs you came from.

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Ro

It is sad to see Paris Doughnut go. I have been going there since I first moved here, 14 years ago. However, this is a privately owned building and the owner is entitled to get the highest rent for his space. It is silly to expect the owner to rent below market for the good of the rest of us since we don’t pay his/her property taxes, operating costs or contribute to their retirement fund.

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localyokel

One of the great things about LIC USED to be that privately owned buildings would be listed BY THE OWNER, thus keeping the rents reasonable. We now have nearly as many RE Brokers renting spaces on Vernon Blvd as we have Italian restaurants and burger-joints in the hood, effectively driving-up all rentals and for-sale property prices, inducing the owners to list with a broker purely for $$$. Just remember folks – if you use a broker for RENTAL properties, you help contribute to the steady increase in prices through the whole neighborhood.

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glad to see

Brokers do not and can not drive prices up!!!
This is a free market system and the price is what people are willing to pay. So stop blaming brokers. You sound so ignorant. I am not a broker, just a resident and I am tired of ridiculous and untrue comments here. Bidding war are caused by the buyers not by the brokers. Same here, If it doesn’t rent the price will be reduced.

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Sean

-Glad to see Brokers lie and create fake bidding wars. They lie and use fear and other manipulative tactics to suck more out a “pigeon”. That is exactly why you pay them a commission. If it were only free market principles at play why throw away money in the form of a commission when posted sign would accomplish the deal all by itself. Oh by the way we do not have a market economy you naive “resident”. I am a retired broker I know. You’re the one who sounds ignorant and gullible to boot.

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Mac

@Sean At least you admit it. Have you ever noticed when you use a broker or even just see them on TV programs on DIY or TLC channels they instantly take a client right to the top of their budget? Well they do.. They will convince a client to bite off more than they can chew by dispensing advise they shouldn’t be and a lot of times not even qualified to dispense. Brokers are salesmen plain and simple. Mortgage brokers (selling mortgage products) are salesmen none of these people have fiduciary responsibilities to their so called,clients (people purchasing a property). Americans get more and more gullible everyday thanks to the undermining of our gov’t and so called news outlets.

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N'Cheese

No, Mac, it is all a Fox News conspiracy. Isn’t that the usual cry you howl around here?

Mac

-N’Cheese Still trolling and hanging on my coattail. You’re like a puppy. I guess I’ll have you nipping at my my heels through 2016 too. Why do you want to play second fiddle to me so badly?..You seem like a lonely lad.

David

It has been my experience that those who accuse others of being “douchebag blowhards” are usually douchebag blowhards.

Frank

Sean, your post is just incoherent. A sign in the window? In 2016? Were you ever really a broker or just bullshitting us here?

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sean

@Frank It’s subject matter “described in basic terms,” or “stated in simple language” you dolt.

comeon

no one needs to lie and create fake bidding wars in this market.

brokers have the tools and connections to bring in buyers from the local and surrounding market, and elsewhere.

how often do you see a FSBO attracting buyers from outside of the city?

Sean, you must have provided the shittiest broker service possible.

Agents in our firm have been able to sell for owners who in turn are still buying in the local community. We don’t create fear and dick people around. it’s not necessary, and you are an ignorant fool to place us all under the same umbrella.

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Mel

Such sad news! Paris cafe is awesome, great smoothies, great employees and the owner is a nice man! This is depressing what this neighborhood is becoming!

Reply

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