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    35-40 Union St Flushing, NY 11354

    For Sale
    $1,488,000

    Retail - Flushing, NY

    Type:Retail
    Property size:
    2,071 SF
    Days on Market:
    128
    Last Refresh:
    Dec 6 at 10:06 am

    Property Features for 35-40 Union St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Basement
    Basement Y/N
    1
    Size
    2,071 SF

    Utilities

    Heating system
    Baseboard
    Cooling system
    Electric

    Building Details

    Building materials
    Brick
    Architectural style
    Other

    Douglas Elliman Real Estate [email protected]

    Listing agent Jane S. Gao (516) 627-2800 License #10301212998

    Listing date Aug 1, 2025

    MLS# 889823 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

    Flushing Retail Investment Opportunity

    This retail investment property is located in Downtown Flushing, approximately one-half block from Northern Boulevard. The property features a total of three commercial units. It includes four electricity meters and four separate boilers. The property is situated near restaurants, banks, a hotel, and shops.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jay at J Clipz ... Barber Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office 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
    Flushing
    County
    Queens
    State
    New York
    Longitude
    -73.825377
    Latitude
    40.775357

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    FAQs

    What type of property is this?
    Retail space - Retail investment property in Downtown Flushing with three commercial units.
    Where is this retail space located?
    The property is located at 35-40 Union St Flushing, NY.
    What is the asking price?
    The asking price for this property is $1,488,000.
    What are key features of this property?
    This property features: - Prime location in Downtown Flushing, near Northern Blvd.; - Three commercial units on Union St.; - Four separate boilers.
    (516) 627-2800
    Request Owner's contact information
    35-40 Union St Flushing, NY 11354
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    35-40 Union St
    Flushing, NY 11354
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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
    35-40 Union St Flushing, NY 11354
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