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Ground-Floor Retail Space
For Lease
$25,000

142-28 38th Avenue #Retail+ Mezz, Flushing, NY 11354

Restaurant-configured premises with a full kitchen, mezzanine, and flexible layout for retail or dining operations.

Space SizeContact for details
Property Size11,639 SF
Days on Market540

Property Features for 142-28 38th Avenue #Retail+ Mezz

General Information

Standard status Active
Size 11,639 SF

Space & Availability

Floor Ground
Space Use Restaurant

Additional Details

Frontage 50 ft

Taxes and HOA fees

Annual Taxes $172,057

Amenities

full kitchen
parking garage

Building Details

Building Size 11,639 SF
Year Built 2007
Listing Agency: B Square Realty
Listed By: Li Li
Source: Alexandermadisonhomes
Added: Mar 7, 2025 Changed: Aug 28 Last Checked: Aug 25 at 9:08AM

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 B Square Realty

Investment Insights

Based on property information with market context.

This ground-floor retail space spans 10,000+ square feet and includes a mezzanine, with an 18-foot ceiling across part of the premises. The existing restaurant configuration includes a full kitchen and can be adapted for retail, dining, or other commercial uses. The building was completed in 2007.

The property is located at 142-28 38th Avenue in Downtown Flushing, within a commercial area surrounded by national tenants. It offers 50 feet of street frontage and is positioned for substantial pedestrian exposure. Two additional levels of parking garage space are available for rent, providing parking options for customers and staff.

Key Highlights

  • 10,000+ square feet of ground‑floor retail space with mezzanine
  • 50 feet of street frontage in Downtown Flushing
  • Partial 18‑foot ceiling height

Property Analytics

Current Use

SH 168 LLC Corporate Office Little Canteen Restaurant

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Hotel & Motel Nursing Home Gym & Fitness Center

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

4,321
Businesses Nearby
484k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 41% Dining 25% Home Improvements & Furnishings 20% Office Supplies 9%
The Home Depot Home Improvements & Furnishings
93,325 visits/mo 0.5 miles
Michaels Shops & Services
48,052 visits/mo 0.3 miles
Dollar Tree Shops & Services
46,718 visits/mo 0.4 miles
McDonald's Dining
39,873 visits/mo 0.4 miles
Staples Office Supplies
23,412 visits/mo 0.4 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

$84.64 /SF/Yr
Avg Asking Price
$7.61–$667 /SF/Yr
Price Range
5,396 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 - Restaurant-configured premises with a full kitchen, mezzanine, and flexible layout for retail or dining operations.
Where is this retail space located?
The property is located at 142-28 38th Avenue #Retail+ Mezz Flushing, NY.
What is the lease rate?
The lease rate is $25,000.
What are key features of this property?
This property features: 10,000+ square feet of ground‑floor retail space with mezzanine; 50 feet of street frontage in Downtown Flushing; Partial 18‑foot ceiling height
More about this property
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