Full-Floor Retail Showroom
146-17 Northern Boulevard Flushing, NY 11354
146-17 Northern Boulevard, Flushing, NY, 11354
$4,360,000
For Sale
$4,360,000
SINGLE_FAMILY - Flushing, NY
Property Size8,000 SF
Price / SF$545
Days on Market288
Property Features for 146-17 Northern Boulevard
General Information
- Property type
- Residential
- Property subtype
- Retail
- Standard status
- Active
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7586
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2021
Listing agency
B Square Realty
(718) 939-8388
Listed by
Li Li
(646) 889-9988
Added: Oct 7, 2025 Updated: Jun 23 at 5:16PM Checked: Jul 21 at 9:06AM
MLS# 921734
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This newly available retail offering occupies the entire second floor of an elevator building at 146-17 Northern Boulevard. The space includes dedicated private entrance access, elevator service, and a highly functional layout with multiple private rooms designed to support a variety of appointment-oriented uses. HVAC heating and cooling systems are fully installed, helping provide a move-in-ready foundation for the next operator.
The building is positioned along Northern Boulevard near the intersection with 147th Street in Flushing, Queens. The surrounding area is described as experiencing significant recent residential development, supporting neighborhood-serving retail and destination-based businesses. Public transportation access includes multiple bus lines (Q13, Q28, QM3), and the property is also noted as being close to the Flushing LIRR station.
For tenants, buyers, or service-focused operators, the full-floor configuration and elevator accessibility can simplify day-to-day customer and staff movement. With a private entrance and multiple rooms, the space may align well with educational and training centers, medical and wellness practices, professional service retail, showroom concepts, or other retail formats that benefit from dedicated interior spaces for appointments or consultations.
The building is positioned along Northern Boulevard near the intersection with 147th Street in Flushing, Queens. The surrounding area is described as experiencing significant recent residential development, supporting neighborhood-serving retail and destination-based businesses. Public transportation access includes multiple bus lines (Q13, Q28, QM3), and the property is also noted as being close to the Flushing LIRR station.
For tenants, buyers, or service-focused operators, the full-floor configuration and elevator accessibility can simplify day-to-day customer and staff movement. With a private entrance and multiple rooms, the space may align well with educational and training centers, medical and wellness practices, professional service retail, showroom concepts, or other retail formats that benefit from dedicated interior spaces for appointments or consultations.
Key Highlights
- Full 2nd‑floor retail space totaling 8,000 SF in an elevator building at 146‑17 Northern Boulevard, Flushing
- HVAC heating and central air installed, with public water and public sewer
- Dedicated private entrance plus elevator access, with a layout that includes multiple private rooms
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $240.0k | $30.00 |
| − Vacancy | −$36.0k | −$4.50 |
| EGI | $204.0k | $25.50 |
| − OpEx | −$61.2k | −$7.65 |
| NOI | $142.8k | $17.85 |
8,000 SF · lease $30.00/SF/yr · vacancy 15.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.04M
$1.79M – $2.38M
NOI $142,800 @ 7.0% cap · market cap 3.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.90M
$5.16M – $6.88M
NOI $412,838 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - 8,000 SF second-floor retail suite in an elevator building with private entrance and installed HVAC.
Where is this retail space located?
The property is located at 146-17 Northern Boulevard Flushing, NY.
What is the asking price?
The asking price for this property is $4,360,000.
What are key features of this property?
This property features: Full 2nd‑floor retail space totaling 8,000 SF in an elevator building at 146‑17 Northern Boulevard, Flushing; HVAC heating and central air installed, with public water and public sewer; Dedicated private entrance plus elevator access, with a layout that includes multiple private rooms
