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Three-Store Strip Center

16024 Northern Boulevard, Flushing, NY 11358

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For Sale

$8,500,000

SINGLE_FAMILY - Flushing, NY

Type:Retail

Property size:

3,895 SF

Lot size:

0.20 Acres

Price / SF:

$2,182/SF

HighLights

High Net Operating Income (NOI) of $335,492 per year.
Development site potential with air rights for an additional 8,809 SF.
Located on Northern Blvd in a strip center.
Parking lot with space for 20 cars.
Favorable Zoning: CI‑5/R5B.
Total lot size of 8,470 SF with a building size of 3,895 SF.

We can help!

Contact an agent

Duckjae Lee

For Sale

$8,500,000

SINGLE_FAMILY - Flushing, NY

Type:Retail

Property size:

3,895 SF

Lot size:

0.20 Acres

Price / SF:

$2,182/SF

Added:: May 7, 2026
Days on Market:: 50
Last Refresh:: Jun 25 at 6:06 am

Property Features for 16024 Northern Boulevard

General Information

Property type: Residential
Property subtype: Retail
Zoning: C1-2/R5
Rooms: Basement
Parking: 20
Standard status: Active
APN: 05335-0061
Lot size: 0.20 Acres

Taxes and HOA fees

Tax Year: 2026
Tax Annual Amount: 85248

Utilities

Utilities: Electricity Available
Sewer type: Public Sewer
Heating system: Hot Water(Heating)
Cooling system: Electric
Water source: Public

Building Details

Year built: 1942
Number of units: 3

We can help!

Contact an agent

Duckjae Lee

Listing agent Duckjae Lee License #10301203331

Listing office RE/MAX 1st Choice 159 Northern Blvd, Great Neck, NY

Listing date May 7, 2026

MLS# 996605

HighLights

High Net Operating Income (NOI) of $335,492 per year.
Development site potential with air rights for an additional 8,809 SF.
Located on Northern Blvd in a strip center.
Parking lot with space for 20 cars.
Favorable Zoning: CI‑5/R5B.
Total lot size of 8,470 SF with a building size of 3,895 SF.

Overview

This for-sale strip center includes three separate retail stores within a 3,895 SF building. The site also features a 4,575 SF parking lot in the rear with capacity for approximately 20 cars. Additional development capacity is supported by described air rights for an extra 8.809 SF.

The property is identified with C1-2/R5 zoning in the listing data, with PublicRemarks referencing CI-5/R5B. Total lot size is listed as 8,470 SF, and the asset is located at 16024 Northern Boulevard in Flushing, Queens County, NY 11358.

Designed for retail tenants and investors seeking an income-producing property or a development-oriented site, this center combines multiple store fronts with on-site rear parking. The listing also reports an NOI of $335,492 per year and presents the property as both a potential investment and development opportunity, supported by the included air-rights information.

Property Profile Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Location Insight

Map
Local Demand

City: Flushing
County: Queens
State: New York
Longitude: -73.7962
Latitude: 40.7605

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For sale
Strip malls
NY
Flushing
11358
16024 Northern Boulevard

What type of property is this?

Strip mall - Three-store retail strip center with back parking and potential air-right expansion.

Where is this strip mall located?

The property is located at 16024 Northern Boulevard Flushing, NY.

What is the asking price?

The asking price for this property is $8,500,000.

What are key features of this property?

This property features: High Net Operating Income (NOI) of $335,492 per year.; Development site potential with air rights for an additional 8,809 SF.; Located on Northern Blvd in a strip center.

16024 Northern Boulevard, Flushing, NY 11358

SINGLE_FAMILY - Flushing, NY

Property Features for 16024 Northern Boulevard

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Flushing Union Center Commercial Space

Flushing Retail and Office Building

Union Center: Class A Commercial

Flushing Union Center Commercial Space

Union Center: Class A Commercial

Flushing Union Center Commercial Space

New Class A Commercial Development

Flushing Commercial Condominium For Sale

Union Center: Class A Commercial

Income-Producing Multifamily Property in Flushing

Union Center Commercial Space

Office Condominium Suite on 9th Floor

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