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Mixed-Use Property Package
For Sale
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Pending

18-46 Summerfield St, Flushing, NY 11385

Four adjacent owner-occupied properties with business operations offered in a sale-and-lease structure.

Property SizeContact for details
Days on Market122

Property Features for 18-46 Summerfield St

General Information

Standard status Pending
Property subtype Industrial, Land
Listing Agency: Compass - NY
Listed By: Steve Zhu · License #NY 40ZH1146333
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Aug 8 at 12:36PM

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 Compass - NY

Investment Insights

Based on property information with market context.

This offering is a package of four adjacent properties presented as a mixed-use asset. The properties are owner-occupied and currently business operated. The seller is seeking a sell-and-leaseback arrangement with a 2-year term plus two additional 2-year options, and rent is described as negotiable.

The property is located at 18-46 Summerfield St in Flushing, Queens, near public facilities and multiple bus routes. It is also described as being within a minutes-walk of a large park.

Key Highlights

  • Package of 4 adjacent mixed‑use properties in Ridgewood, Queens
  • Owner‑occupied with business operations currently operating on‑site
  • Offered in a sale‑and‑lease structure with a 2‑year term plus 2‑year option

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Nursing Home Carpet & Flooring Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,877
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11385, NY

100,883
Population
40,175
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
28,023
Density / Sq Mi
$87,365
Median Household Income
$47,335
Median Earnings
$1,959
Median Rent
$842,800
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Similar Off Market Nearby

  • Susan's Kitchen Catering and Events 1625 Broadway, Brooklyn, NY 10019
  • DiMarco's Caterers 66-03 Myrtle Ave, Glendale, NY 11385
  • Margarets Catering 17-21 Madison St, Flushing, NY 11385
  • Mysterious Sweet Creations 1881 Putnam Ave, Ridgewood, NY 11385

Frequently Asked Questions

What type of property is this?
Flex space - Four adjacent owner-occupied properties with business operations offered in a sale-and-lease structure.
Where is this flex space located?
The property is located at 18-46 Summerfield St Flushing, NY.
What are key features of this property?
This property features: Package of 4 adjacent mixed‑use properties in Ridgewood, Queens; Owner‑occupied with business operations currently operating on‑site; Offered in a sale‑and‑lease structure with a 2‑year term plus 2‑year option
(212) 913-9058 Call to check price and availability
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