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    Ground-Floor Retail Condo Unit 1A Title is generated by Realmo AI

    158-15 Union Turnpike Unit #1A, Fresh Meadows, NY 11366

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    New
    For Lease
    $3,990,000 SF/Yr $3,241,210,000/Mo (calc)

    Modern 2018-built ground-floor retail condo with flexible use options in a mixed-use condominium setting.

    Type:Commercial
    Property size:
    9,748 SF
    Added:
    Jun 26, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 27 at 2:04 am

    Property Features for 158-15 Union Turnpike Unit #1A

    General Information

    Standard status
    Active
    Size
    9,748 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    2018

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    Annie Hsu ([email protected])

    Listing office Keller Williams Rlty Landmark

    Listing date Jun 26, 2026

    Source Iaquintarealestate

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Rlty Landmark

    HighLights

    • Retail condo unit 1A in a mixed‑use building built in 2018
    • Ground‑floor commercial space with approximately 9,748 SqFt
    • Previously leased at $28,000 per month on a triple‑net (NNN) basis; cap rate approaching 9%
    • Tax abatement in place through 2033 to help reduce operating expenses
    • Zoned R5D with permitted uses including retail, office, medical, and community facility

    Overview

    Retail Condo Unit 1A is a ground-floor commercial space within a modern mixed-use condominium building constructed in 2018. The offering is presented as approximately 9,748 square feet and is configured for a variety of commercial uses consistent with its zoning designation. The unit has previously been leased on a triple-net (NNN) basis, and the property is also described as benefiting from tax abatement in place through 2033.

    The property is located at 158-15 Union Turnpike Unit #1A in Fresh Meadows, Queens, NY 11366. The building is positioned to serve walk-up demand, and the unit is described as providing strong visibility and pedestrian traffic. Access is noted as convenient to major roadways and public transportation, with nearby shopping destinations in the surrounding area.

    For tenants, the unit’s R5D zoning is described as supporting a broad range of permitted uses, including retail, office, medical, and community facilities, among others, which can help accommodate different operational concepts. For investors and owner-users, the prior NNN leasing history and the stated tax abatement through 2033 are practical considerations when evaluating ongoing ownership and operating expense planning. The space is available for lease, and private tours can be arranged for qualified parties.
    Location Intelligence

    Current Use by Public Records

    Midea Air Conditioner ... Electronics & Wireless Store Midea Air Conditioning ... Big Box & Wholesale Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    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

    FAQs

    What type of property is this?
    Retail space - Modern 2018-built ground-floor retail condo with flexible use options in a mixed-use condominium setting.
    Where is this retail space located?
    The property is located at 158-15 Union Turnpike Unit #1A Fresh Meadows, NY.
    What is the lease rate?
    The lease rate is $3,990,000.
    What are key features of this property?
    This property features: Retail condo unit 1A in a mixed‑use building built in 2018; Ground‑floor commercial space with approximately 9,748 SqFt; Previously leased at $28,000 per month on a triple‑net (NNN) basis; cap rate approaching 9%
    More about this property
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