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Retail Space with Cellar Storage
For Lease
$3,500/Mo

31-52 137th St, Flushing, NY 11354

Commercial Lease, Flushing, NY

Space Size600 SF
Lot Size0.06 Acres
Days on Market98

Property Features for 31-52 137th St

General Information

Property type Commercial Lease
Property subtype Other
Zoning description Mixed Use
Bathrooms 1
Half bathrooms 1
Rooms Bathroom 1
Subdivision Flushing
High school district 000000
Standard status Active
APN 000000-000.000-4409-053.000
Size 1,200 SF
Lot size 0.06 Acres

Utilities

Water source Public

Amenities

cellar storage

Building Details

Year built 1940
Floors in Building 1
Building materials Stone
Listing Agency: HANMI REALTY
Listed By: Mi Ryoung Chong
Added: Jun 8 Changed: Sep 4 Last Checked: Sep 13 at 5:06PM
MLS# 11816275

Copyright © 2026 My State 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.

Available retail space at 31-52 137th St includes approximately 600 square feet on the main level and a cellar of similar size for storage. The stone building dates to 1940 and includes a bathroom, public water service, and approximately 14 feet of street frontage. The premises are vacant and described as move-in ready; convenience store and deli uses are excluded.

The property is adjacent to Leavitt's Park and the Q61 bus stop, with reported traffic of more than 6,000 cars per day. Additional transit connections include Q16, Q19, Q20, Q25, Q28, Q44 SBS, Q50, QM2, QM20, and QM32 routes. The site is near Northern Boulevard, Flushing downtown, the Whitestone and Van Wyck expressways, Grand Central Parkway, and the Flushing LIRR Main Street station.

Key Highlights

  • Approximately 600 square feet of retail area plus a cellar of about 600 sq ft
  • Approximately 14 feet of street frontage
  • Reported exposure to 6k+ cars per day

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Garden Center Barber Shop Veterinary Clinic Restaurant

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

6,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$10.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,250
Businesses Nearby
304k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 37% Groceries 33% Shops & Services 20% Hotels & Casinos 10%
Stop & Shop Groceries
58,603 visits/mo 0.2 miles
H Mart Groceries
42,194 visits/mo 0.4 miles
McDonald's Dining
31,361 visits/mo 0.3 miles
Shell Shops & Services
21,073 visits/mo 0.4 miles
Chase Bank Shops & Services
19,494 visits/mo 0.5 miles

Demographics for 11354, NY

61,276
Population
22,979
Households
2.7
Avg Household Size
45
Median Age
33%
College-Educated
79%
High-School Grad
2.2 sq mi
ZIP Area
27,853
Density / Sq Mi
$62,833
Median Household Income
$40,404
Median Earnings
$1,766
Median Rent
$521,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Flushing, NY

$74.93 /SF/Yr
Avg Asking Price
$7.61–$667 /SF/Yr
Price Range
5,152 SF
Avg Space Size

This space is priced 7% below the average of $74.93 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Street-front retail premises include a dedicated lower level for storage and a bathroom.
Where is this retail space located?
The property is located at 31-52 137th St Flushing, NY.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: Approximately 600 square feet of retail area plus a cellar of about 600 sq ft; Approximately 14 feet of street frontage; Reported exposure to 6k+ cars per day
More about this property
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