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Under Construction Retail Corner
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141-61 Northern Blvd, Flushing, NY 11354

New retail corner development with 2nd and 3rd floor space, 200+ parking, and adjacent medical/community uses.

Property Size16,000 SF
Days on Market971

Property Features for 141-61 Northern Blvd

General Information

Standard status Active
Size 16,000 SF
Property subtype RETAIL
Listing Agency: Kassin Sabbagh Realty (KSR)
Listed By: George Skaliarinis
Source: Moodyscre
Added: Dec 4, 2023 Changed: Jul 28 Last Checked: Jul 31 at 12:00PM

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 under-construction retail corner is planned within a new development featuring 75 luxury residential units and up to 20,000 SF on the 2nd and 3rd floors. The project also includes an additional 32,000 SF of medical and community space, creating a mixed-use environment designed to draw consistent activity throughout the day.

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

For tenants seeking a modern, mixed-use retail storefront format, this corner location offers strong on-site parking and dedicated retail space within a growing residential and healthcare-oriented project.

Key Highlights

  • Retail corner under construction at Parsons & Northern with over 60,000 vehicles per day
  • New development planned for 2nd and 3rd floor retail space totaling up to 20,000 SF
  • Additional 32,000 SF of medical and community space included in the development

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

9,906
Businesses Nearby
340k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 32% Groceries 30% Shops & Services 15% Hotels & Casinos 13%
Stop & Shop Groceries
58,603 visits/mo 0.4 miles
H Mart Groceries
42,072 visits/mo 0.5 miles
Best Buy Electronics
37,064 visits/mo 0.5 miles
Chase Bank Shops & Services
19,494 visits/mo 0.2 miles
Wendy's Dining
19,293 visits/mo 0.5 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

$58.09 /SF/Yr
Avg Asking Price
$7.61–$113 /SF/Yr
Price Range
4,820 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?
Retail space - New retail corner development with 2nd and 3rd floor space, 200+ parking, and adjacent medical/community uses.
Where is this retail space located?
The property is located at 141-61 Northern Blvd Flushing, NY.
What are key features of this property?
This property features: Retail corner under construction at Parsons & Northern with over 60,000 vehicles per day; New development planned for 2nd and 3rd floor retail space totaling up to 20,000 SF; Additional 32,000 SF of medical and community space included in the development
(917) 991-1539 Call to check price and availability
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