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Retail Corner in New Mixed-Use Build
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141-61 Northern Blvd, Flushing, NY 11354

Under construction retail space at a major corner, with parking and new medical/community and residential components in the development.

Space Size16,000 SF - 20,000 SF
Days on Market1006

Property Features for 141-61 Northern Blvd

General Information

Standard status Active
Size 16,000 SF - 20,000 SF
Property subtype RETAIL

Spaces For Lease

at 141-61 Northern Blvd Contact us

141-61 Northern Blvd

Floor
1
Size
16,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Completion
Sublease
No
- Under construction - Best retail corner in Northern Queens (Parsons & Northern)...
show more
Contact us

141-61 Northern Blvd

Floor
2
Size
20,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Completion
Sublease
No
- Under construction - Best retail corner in Northern Queens (Parsons & Northern)...
show more
Contact us

141-61 Northern Blvd

Floor
3
Size
20,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Completion
Sublease
No
- Under construction - Best retail corner in Northern Queens (Parsons & Northern)...
show more
Contact us
Listing Agency: Kassin Sabbagh Realty (KSR)
Listed By: George Skaliarinis
Source: Moodyscre
Added: Dec 4, 2023 Changed: Aug 8 Last Checked: Jul 21 at 5:39AM

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 Kassin Sabbagh Realty (KSR)

Investment Insights

Based on property information with market context.

This retail space is currently under construction as part of a new mixed-use development. The project includes 75 luxury residential units, with additional medical and community space planned on the 2nd and 3rd floors, totaling up to 20,000 SF for those retail-related floors and up to 32,000 SF for medical and community uses.

The location is described as the best retail corner in Northern Queens at Parsons & Northern, with over 60,000 vehicles per day, and the site is planned with 200+ on-site parking spaces. The immediate area also includes 700+ new residential units under development.

As part of the overall project, the available retail component benefits from the combined residential, medical, and community footprint, designed to support consistent daytime and evening activity tied to the new development.

Key Highlights

  • Under construction retail space on the corner of Parsons & Northern (Northern Queens).
  • Corner location with over 60,000 vehicles per day.
  • Development includes 75 luxury residential units plus up to 20,000 SF of retail on the 2nd and 3rd floors.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Garden Center Restaurant Grocery & Convenience Store Barber Shop

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

Location Intelligence

Trade Area within ½ mile

7,334
Businesses Nearby
335k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 43% Dining 33% Shops & Services 15% Hotels & Casinos 8%
Stop & Shop Groceries
58,603 visits/mo 0.4 miles
H Mart Groceries
42,194 visits/mo 0.3 miles
H Mart Groceries
42,072 visits/mo 0.5 miles
McDonald's Dining
31,361 visits/mo 0.4 miles
Shell Shops & Services
21,073 visits/mo 0.3 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

Market

Lease Benchmarks for Flushing, NY

$48.66 /SF/Yr
Avg Asking Price
$39–$60 /SF/Yr
Price Range
5,502 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Under construction retail space at a major corner, with parking and new medical/community and residential components in the development.
Where is this mixed-use property located?
The property is located at 141-61 Northern Blvd Flushing, NY.
What are key features of this property?
This property features: Under construction retail space on the corner of Parsons & Northern (Northern Queens).; Corner location with over 60,000 vehicles per day.; Development includes 75 luxury residential units plus up to 20,000 SF of retail on the 2nd and 3rd floors.
(917) 991-1539 Call to check price and availability
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