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    158-15 Union Tpke Fresh Meadows, NY 11366

    For Sale
    $5,990,000

    Retail - Fresh Meadows, NY

    Type:Retail
    Property size:
    15,308 SF
    Days on Market:
    131
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 158-15 Union Tpke

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    R5D, C1-3
    Parking
    20
    Parking features
    Garage
    Size
    15,308 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Ductless

    Building Details

    Year built
    2018
    Number of units
    3
    Building materials
    Brick
    Architectural style
    Other

    Keller Williams Realty Landmark (718) 475-2777 [email protected]

    Listing agent Annie Hsu (718) 475-2700 License #10301207568

    Listing date Jul 28, 2025

    MLS# 893552 Listing URL

    Copyright © 2025 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.

    Overview

    Prime Retail Space in Fresh Meadows

    This offering features three retail storefront units (1A, 1B, 1D) totaling 15,308 square feet, situated within a well-maintained condominium building. The property includes 20 indoor parking spaces and benefits from a ground-floor location, ensuring high visibility and substantial foot traffic within a prime area of Fresh Meadows. Unit 1A is currently leased, while Units 1B and 1D are vacant, presenting opportunities for immediate occupancy or new leasing agreements. The R5D and C1-3 zoning allows for diverse uses, including retail, office, and community facilities, enhancing its versatility as an investment. With all three units leased, the property has the potential for a cap rate of 10%+, offering strong returns and long-term growth in a high-demand area.
    Location Intelligence

    Current Use by Public Records

    Midea Air Conditioner ... Electronics Store Midea Air Conditioning ... Wholesaler

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fresh Meadows
    County
    Queens
    State
    New York
    Longitude
    -73.86166
    Latitude
    40.703722

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    FAQs

    What type of property is this?
    Retail space - Three retail units with high visibility and excellent foot traffic.
    Where is this retail space located?
    The property is located at 158-15 Union Tpke Fresh Meadows, NY.
    What is the asking price?
    The asking price for this property is $5,990,000.
    What are key features of this property?
    This property features: - Potential for 10%+ Cap Rate with all units leased.; - Three retail units totaling 15,308 SqFt in a well-maintained, young (built 2018) condo building.; - Prime Fresh Meadows location with high visibility and excellent foot traffic.
    (718) 475-2700
    Request Owner's contact information
    158-15 Union Tpke Fresh Meadows, NY 11366
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    Fresh Meadows, NY 11366
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    158-15 Union Tpke Fresh Meadows, NY 11366
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