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NNN Retail Strip Center
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8402/8422 Astoria Blvd, East Elmhurst, NY 11370

Multi-tenant strip center with 11 stores and rear parking, all leased on triple net terms.

Property Size17,000 SF
Days on Market143

Property Features for 8402/8422 Astoria Blvd

General Information

Standard status Pending
Size 17,000 SF
Property subtype Retail
Zoning C2-3/R4

Building Details

Tenancy Multi
Listing Agency: Winzone Realty Inc
Listed By: Rita Mahgerefteh · License #10301223323
Source: Crexi
Added: Apr 10 Changed: Aug 26 Last Checked: Aug 28 at 9:59PM

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 Winzone Realty Inc

Investment Insights

Based on property information with market context.

This retail strip center is configured with 11 stores totaling 17,000 square feet, along with 15,000 square feet of rear parking. The property is operated under triple net leases, with tenants paying for partial taxes. The offering is supported by both land and air rights, including stated figures for buildable square footage and air rights.

The center is located off Grand Central Pkwy on a very busy block with substantial foot traffic.

Zoning is listed as C2-3/R4 and FAR2.

Key Highlights

  • Retail strip center with 11 stores and 17,000 SF of space, all currently rented on triple net leases
  • Rear parking included with 15,000 SF of parking area
  • Zoned C2‑3/R4 and FAR2

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Gym & Fitness Center Skin Care Clinic Real Estate Agency

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,549
Businesses Nearby
237k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 36% Shops & Services 30% Home Improvements & Furnishings 24% Groceries 7%
The Home Depot Home Improvements & Furnishings
52,149 visits/mo 0.5 miles
McDonald's Dining
37,148 visits/mo 0.3 miles
Burger King Dining
19,502 visits/mo 0.5 miles
Farm Country of Jackson Heights Groceries
17,690 visits/mo 0.5 miles
Chase Bank Shops & Services
16,197 visits/mo 0.5 miles

Demographics for 11370, NY

34,683
Population
11,679
Households
3
Avg Household Size
38
Median Age
25%
College-Educated
77%
High-School Grad
1.5 sq mi
ZIP Area
23,122
Density / Sq Mi
$74,895
Median Household Income
$43,313
Median Earnings
$2,071
Median Rent
$843,600
Median Home Value

Market

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • buyerxpo.com 3148 69th St, Woodside, NY 11377
  • Jackson Heights Shopping Center 7507 31st Ave, Queens, NY 11370
  • myotcstore.com 19-35 hazen st, queens, ny 11370

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant strip center with 11 stores and rear parking, all leased on triple net terms.
Where is this shopping center located?
The property is located at 8402/8422 Astoria Blvd East Elmhurst, NY.
What are key features of this property?
This property features: Retail strip center with 11 stores and 17,000 SF of space, all currently rented on triple net leases; Rear parking included with 15,000 SF of parking area; Zoned C2‑3/R4 and FAR2
More about this property
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