Two-Unit Retail Condo in
For Sale
Contact for pricing
Pending
21-21 31st St, Queens, NY 11105
Two ground-floor retail units within The Rowan, including a supermarket and leased space for Northwell Health.
Days on Market112
Property Features for 21-21 31st St
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
RIPCO Real Estate
(516) 647-7155
Listed By:
Stephen R. Preuss · License #NY
Source:
Crexi
Added: Apr 12
Changed: Jul 21
Last Checked: Jul 30 at 9:09AM
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 RIPCO Real Estate
Investment Insights
Based on property information with market context.
This offering is a two-unit retail condo located on the ground floor and lower-level portion of The Rowan, a luxury mixed-use development in Astoria, Queens. Retail Unit A is occupied by Lincoln Market and includes space across the ground floor, cellar, and subcellar levels. Retail Unit B is leased to Northwell Health, occupying ground-floor space.
Both retail units are currently in the build-out phase and are expected to open for business by 2023. Northwell Health executed a 12-year lease with two option periods. The Rowan includes 46 residential condos, which have all been sold.
The building also provides a contactless automated parking system that can be accessed by apartment owners and retail patrons, offering an additional convenience for visitors to the retail component.
Both retail units are currently in the build-out phase and are expected to open for business by 2023. Northwell Health executed a 12-year lease with two option periods. The Rowan includes 46 residential condos, which have all been sold.
The building also provides a contactless automated parking system that can be accessed by apartment owners and retail patrons, offering an additional convenience for visitors to the retail component.
Key Highlights
- Two‑unit retail condo on the ground floor and lower level of The Rowan mixed‑use development in Astoria, Queens
- Retail A is fully leased to Lincoln Market with 16,750 SF across ground floor, cellar, and subcellar spaces
- Retail B is leased to Northwell Health with 8,511 SF of ground floor space and a 12‑year lease with two option periods
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,206
Businesses Nearby
203k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Shops & Services 37%
Groceries 14%
Home Improvements & Furnishings 3%
Lidl
Groceries
29,153 visits/mo
0.4 miles
McDonald's
Dining
25,800 visits/mo
0.2 miles
IHOP
Dining
20,787 visits/mo
0.1 miles
Paris Baguette
Dining
17,715 visits/mo
0.2 miles
Dollar Tree
Shops & Services
17,460 visits/mo
0.4 miles
Demographics for 11105, NY
38,001
Population
17,518
Households
2.2
Avg Household Size
37
Median Age
55%
College-Educated
91%
High-School Grad
1.6 sq mi
ZIP Area
23,751
Density / Sq Mi
$100,306
Median Household Income
$62,464
Median Earnings
$2,211
Median Rent
$1,089,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Lincoln Market Astoria — 21-21 31st St, Astoria, NY 11105
- Berry Fresh Farms Supermarket — 43-26 Ditmars Blvd, Astoria, NY 11105
- Titan Foods — 2556 31st St, Queens, NY 11102
- Trade Fair Supermarket — 37-11 Ditmars Blvd, Queens, NY 11105
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Two ground-floor retail units within The Rowan, including a supermarket and leased space for Northwell Health.
Where is this grocery and convenience store located?
The property is located at 21-21 31st St Queens, NY.
What are key features of this property?
This property features: Two‑unit retail condo on the ground floor and lower level of The Rowan mixed‑use development in Astoria, Queens; Retail A is fully leased to Lincoln Market with 16,750 SF across ground floor, cellar, and subcellar spaces; Retail B is leased to Northwell Health with 8,511 SF of ground floor space and a 12‑year lease with two option periods