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Turnkey Retail Space with Two Entrances
For Lease
$26,500

142-06 41st Ave, Queens, NY 11355

Fully renovated ground-floor retail space with basement storage and two storefront entrances for flexible customer access.

Space SizeContact for details
Days on Market57

Property Features for 142-06 41st Ave

General Information

Standard status Active
Property subtype Commercial

Additional Details

Business Included Yes

Building Details

Year Built 1931
Year Renovated 2025
Listing Agency:
Listed By: Li Li
Source: Elliman
Added: Jun 15 Changed: Jul 10 Last Checked: Aug 10 at 8:25AM

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 Li Li

Investment Insights

Based on property information with market context.

This fully renovated, move-in-ready retail space offers approximately 3,725 SF of ground-floor area plus about 800 SF of basement storage. The basement includes a fully finished kitchen, supporting day-to-day operations on-site. The interior has updated flooring, ceilings, walls, and refrigeration systems, and the building is set up for turnkey supermarket use. There are two storefront entrances, providing strong accessibility and operational flexibility for a single operator or a multi-function retail concept.

Located in the heart of Downtown Flushing, the space is described as having strong street presence and high pedestrian visibility, with Main Street about one block away. The property is positioned near major retail destinations including Macy’s, New World Mall, supermarkets, restaurants, banks, and neighborhood services. Transit access is supported by proximity to the 7 subway line, the LIRR, and multiple bus routes, creating convenient connectivity for customers and employees.

The configuration is suitable for a range of retail and service uses, including supermarket, restaurant, showroom, and other commercial concepts, subject to verification and approval. The combination of renovated finishes, built-in refrigeration systems, two customer-facing entrances, and on-site kitchen capabilities is designed to support tenants looking for immediate operational readiness without extensive new construction.

Key Highlights

  • Fully renovated ground‑floor retail space totaling approx. 3,725 SF with approx. 800 SF basement storage
  • Renovated in March 2025 with approx. $1 million invested into the build‑out
  • Turnkey supermarket configuration with updated flooring, ceilings, walls, and refrigeration systems

Property Analytics

Current Use

Goowha Market (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Hair Salon Nail Salon Nursing Home Spa & Massage Center Acupuncture

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

Turnkey business
Opportunity
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

11,038
Businesses Nearby
235k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 37% Dining 27% Hotels & Casinos 19% Groceries 18%
H Mart Groceries
42,072 visits/mo 0.1 miles
Shell Shops & Services
21,073 visits/mo 0.3 miles
Chase Bank Shops & Services
19,494 visits/mo 0.2 miles
Mobil Shops & Services
15,325 visits/mo 0.4 miles
Four Points by Sheraton Flushing Hotels & Casinos
15,059 visits/mo 0.4 miles

Demographics for 11355, NY

89,465
Population
32,049
Households
2.8
Avg Household Size
44
Median Age
24%
College-Educated
70%
High-School Grad
1.7 sq mi
ZIP Area
52,626
Density / Sq Mi
$53,700
Median Household Income
$31,166
Median Earnings
$1,664
Median Rent
$711,500
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
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Similar Off Market Nearby

  • Gotham Fresh Foods 27-20 queens plaza s, long island city, ny 11101
  • Trader Joe's 22-43 Jackson Ave, Queens, NY 11101
  • Target Grocery 25-01 Jackson Ave, Queens, NY 11101
  • Hudson Food Market 29-11 Queens Plaza N, Queens, NY 11101
  • Foodcellar Market Court Square 43-18 Crescent St, Queens, NY 11101

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Fully renovated ground-floor retail space with basement storage and two storefront entrances for flexible customer access.
Where is this grocery and convenience store located?
The property is located at 142-06 41st Ave Queens, NY.
What is the lease rate?
The lease rate is $26,500.
What are key features of this property?
This property features: Fully renovated ground‑floor retail space totaling approx. 3,725 SF with approx. 800 SF basement storage; Renovated in March 2025 with approx. $1 million invested into the build‑out; Turnkey supermarket configuration with updated flooring, ceilings, walls, and refrigeration systems
More about this property
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