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New Construction Ground-Floor Retail with Basement
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132-77 Metropolitan Avenue, Richmond Hill, NY 11418

New construction retail space with immediate possession and separate basement level.

Space SizeContact for details
Days on Market42

Property Features for 132-77 Metropolitan Avenue

General Information

Standard status Active
Property subtype Commercial
Listed By: Matt Fogel · License #10401335293 (NY)
Source: Matthews
Added: Jul 29 Changed: Sep 8 Last Checked: Sep 8 at 8:56AM

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 Matt Fogel

Investment Insights

Based on property information with market context.

This new construction retail space offers a ground-floor level of 1,639 SF plus a basement of 1,500 SF, providing additional back-of-house or storage capability within the same footprint. The property is available for immediate possession.

Located at 132-77 Metropolitan Ave, Richmond Hill, NY 11418, the space has 78’ of frontage and is positioned outside of the Jamaica–Van Wyck Subway Entrance. The setup can be well-suited for retailers seeking street-level visibility with an added basement level for operational flexibility.

Ground-floor and basement square footage can support a range of tenant layouts, with the added basement space allowing separation between customer-facing area and supporting uses, depending on your operational needs.

Key Highlights

  • 1,639 SF ground floor retail space plus 1,500 SF basement
  • New construction retail with immediate possession
  • 78’ frontage

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Hotel & Motel Nursing Home Bed & Breakfast Clothing & Fashion Store Catering Service Auto Parts 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

Location Intelligence

Trade Area within ½ mile

3,109
Businesses Nearby
29k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Groceries 32% Dining 21%
7-Eleven Shops & Services
10,010 visits/mo 0.3 miles
Dunkin' Donuts Dining
6,158 visits/mo 0.0 miles
C-Town Supermarkets Groceries
5,003 visits/mo 0.4 miles
Vitelio's Marketplace Groceries
4,504 visits/mo 0.1 miles
Chase Bank Shops & Services
3,821 visits/mo 0.4 miles

Demographics for 11418, NY

37,596
Population
12,072
Households
3.1
Avg Household Size
37
Median Age
32%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
22,115
Density / Sq Mi
$84,927
Median Household Income
$44,818
Median Earnings
$1,788
Median Rent
$772,800
Median Home Value

Market

Lease Benchmarks for Richmond Hill, NY

$35.55 /SF/Yr
Avg Asking Price
$20.4–$45 /SF/Yr
Price Range
4,883 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 construction retail space with immediate possession and separate basement level.
Where is this retail space located?
The property is located at 132-77 Metropolitan Avenue Richmond Hill, NY.
What are key features of this property?
This property features: 1,639 SF ground floor retail space plus 1,500 SF basement; New construction retail with immediate possession; 78’ frontage
More about this property
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