Grocery Chain Dumbo Market Expands to Queens with 13.5K SF Store at Domain's LIC Building

Exciting Debut in Queens

Dumbo Market is preparing for its inaugural establishment in Queens, strategically positioned at the base of Jasper, an expanding residential complex located in Long Island City’s Hunters Point area. Spanning 13,500 square feet, the grocery chain secures its place in the 550,000-square-foot development at 2-33 50th Avenue. This significant move follows a 15-year lease agreement with a rental range of $70 to $79 per square foot, facilitated by Igloo's Adam Joly on behalf of the collaborating developers.

Enriching the Community

The forthcoming arrival of Dumbo Market at Jasper heralds a valuable addition for residents of Hunters Point, as noted by Domain CEO Matt Schwartz. By offering access to fresh and nutritious food options, the partnership between the prominent grocery chain and the neighborhood's population aims to promote overall well-being and nurture a healthier living environment.

Discovering Dumbo Market's Expansion

Embrace the essence of convenience as Dumbo Market unveils its latest venture, springing from its roots at 66 Front Street to flourishing at 205 Smith Street in Boerum Hill. The expansion breathes new life into the neighborhood, embodying a commitment to delivering quality groceries and culinary delights to its community.

Delights Await at Long Island City

Step into Dumbo Market's Long Island City location for a tantalizing experience that transcends basic grocery shopping. Indulge in a diverse selection of groceries, alongside the allure of freshly prepared sushi, enticing hot meals, and the aroma of freshly brewed espresso complemented by delectable pastries. Prepare to embark on a culinary journey like never before.

Unveiling Mohammed Mujalli's Legacy

Meet Mohammed Mujalli, the visionary behind Dumbo Market, hailing from a lineage of esteemed grocery entrepreneurs. With a rich heritage in the industry, the Mujalli family's influence extends to Urban Market, a prominent establishment boasting multiple locations across New York and New Jersey, including the bustling hub at 50-01 Second Street in Queens, a stone's throw away from the vibrant Jasper locale.

Thriving Retail Environment Emerges in Long Island City

With the upcoming inauguration of Dumbo Market, the once-bustling Second Street Urban Market will gracefully bow out. The shift signifies a dynamic change in the retail landscape, bringing a flurry of activity to the sought-after 50th Avenue in Long Island City. Notably, this area's prominence stems from the bustling traffic flow of pedestrians commuting between the 7 train and the scenic waterfront.

Strategic Brokerage Choices

It is intriguing to note that Dumbo Market opted not to engage the services of a dedicated broker, as highlighted by Joly, a principal at Vorea’s Igloo brokerage. This decision speaks volumes about the market confidence and the strategic maneuvers employed in the business realm of Long Island City.

Embracing Progress in 2025

Get ready for the unveiling of Jasper in 2025, a magnificent 13-story residential masterpiece housing 499 apartments. Among them, a significant portion will cater to households earning 130 percent of the area median income, making upscale living more accessible.

Affordable Luxury Redefined

Jasper, a modern marvel soon-to-be gracing the skyline, promises not just exceptional living spaces but also a commitment to inclusivity. With a vision to offer a portion of its apartments at affordable rates, it embodies a harmonious blend of luxury and accessibility.

Elevating Community Living

As Jasper soars skyward, it stands as a symbol of progressive urban development, where the essence of community living intertwines with contemporary architecture. The ethos of Jasper lies not just in its height but in the inclusivity that makes it a vibrant hub for diverse households.