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First-Floor Storefront Space
For Lease
$4,500/Mo

131-04 40th Road #1FL, Flushing, NY 11354

Flexible commercial space near Long Island Rail Road and 7 subway line access.

Space Size1,000 SF
Days on Market236

Property Features for 131-04 40th Road #1FL

General Information

Standard status Active
Size 1,000 SF
Net Rentable 1,000 SF
Lease Term Over 12 Months

Space & Availability

Available Space 1,000 SF
Contiguous Space 1,000 SF
Floor 1
Space Use Office

Additional Details

Public Transit Yes

Building Details

Building Size 1,000 SF
Listing Agency: Key Impact Realty Group Inc
Listed By: Allison Eng
Source: Professionalchoicerealty
Added: Jan 7 Changed: Aug 30 Last Checked: Aug 31 at 5:10PM

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 Key Impact Realty Group Inc

Investment Insights

Based on property information with market context.

This first-floor storefront and office space offers approximately 1,000 square feet with ceilings near 10 feet high. The layout is positioned for a range of commercial applications, including professional office, retail, yoga or wellness studio, and service-oriented business uses.

The property is located in Flushing near the Long Island Rail Road and the 7 subway line. Shops, restaurants, hotels, and banks are situated in the surrounding area, adding a broad mix of nearby commercial services and neighborhood activity.

Key Highlights

  • Approximately 1,000 SF of first‑floor commercial space
  • Ceilings approximately 10 feet high
  • Storefront and office configuration

Property Analytics

Current Use

Guanyin CItta 纽约法拉盛观音堂 Temple

Suggested Use

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

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
$8.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,554
Businesses Nearby
Under-served
Demand for This Use

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

$76.27 /SF/Yr
Avg Asking Price
$16.24–$667 /SF/Yr
Price Range
2,753 SF
Avg Space Size

This space is priced 29% below the average of $76.27 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Flexible commercial space near Long Island Rail Road and 7 subway line access.
Where is this storefront property located?
The property is located at 131-04 40th Road #1FL Flushing, NY.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: Approximately 1,000 SF of first‑floor commercial space; Ceilings approximately 10 feet high; Storefront and office configuration
More about this property
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