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Fully Renovated Retail Storefront
For Lease
$4,500/Mo

21878 Hempstead Avenue, Queens Village, NY 11429

COMMERCIAL - Queens Village, NY

Space SizeContact for details
Property Size1,200 SF
Lot Size0.04 Acres
Days on Market47

Property Features for 21878 Hempstead Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning R3-2
Elementary school district Contact Agent
Middle school district Contact Agent
High school district Contact Agent
Standard status Active
APN 11153-0027
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5014

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1925
Floors in Building 2
Building materials Brick
Listing Agency: Vision Homes Real Estate LLC
Listed By: Khalid J. Malik
Added: Jun 19 Changed: Jun 22 Last Checked: Aug 4 at 2:06PM
MLS# 1016015

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 lease opportunity offers approximately 1,200 square feet of fully renovated retail space, configured for storefront use. The property is presented in turnkey condition, allowing new tenants to focus on fit-out and operations rather than basic renovations.

The space is located at 21878 Hempstead Avenue in Queens Village, NY, positioned near Francis Lewis Boulevard along Hempstead Turnpike. Public remarks note the site is on a highly traveled corridor, supporting visibility for retail activity in the area. The property is zoned R3-2.

A renovated storefront like this can work well for neighborhood-serving retail concepts seeking a practical retail footprint and a prominent placement along a major thoroughfare. Prospective tenants should review the zoning and intended use requirements under R3-2 and confirm all build-out and occupancy specifics prior to moving forward.

Key Highlights

  • Brick construction with natural gas heating and central air cooling
  • Public utilities include public water and public sewer
  • Lease approximately 1,200 SF of fully renovated retail space

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Dental Office Skin Care Clinic Gym & Fitness Center Parking Lot & Garage Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,704
Businesses Nearby
44k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 70% Dining 28% Electronics 2%
Citibank Shops & Services
14,764 visits/mo 0.4 miles
Chase Bank Shops & Services
10,271 visits/mo 0.5 miles
Popeyes Louisiana Kitchen Dining
6,164 visits/mo 0.4 miles
Dunkin' Donuts Dining
6,146 visits/mo 0.4 miles
Regency Party Hall Shops & Services
3,267 visits/mo 0.4 miles

Demographics for 11429, NY

25,895
Population
8,601
Households
3
Avg Household Size
41
Median Age
27%
College-Educated
84%
High-School Grad
1.3 sq mi
ZIP Area
19,919
Density / Sq Mi
$98,232
Median Household Income
$45,053
Median Earnings
$1,605
Median Rent
$646,200
Median Home Value

Market

Lease Benchmarks for Queens Village, NY

$38.62 /SF/Yr
Avg Asking Price
$19.2–$70.34 /SF/Yr
Price Range
6,568 SF
Avg Space Size

This space is priced 17% above the average of $38.62 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Lease a fully renovated retail storefront on a heavily traveled Queens Village corridor near Francis Lewis Boulevard.
Where is this retail space located?
The property is located at 21878 Hempstead Avenue Queens Village, NY.
What is the lease rate?
The lease rate is $4,500 /Mo.
What are key features of this property?
This property features: Brick construction with natural gas heating and central air cooling; Public utilities include public water and public sewer; Lease approximately 1,200 SF of fully renovated retail space
More about this property
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