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Ground-Floor Retail Space with Mezzanine
New
For Lease
$25,000

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

Restaurant-configured space with a full kitchen, high ceilings, street frontage, and flexible commercial use potential.

Space SizeContact for details
Days on Market3

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

General Information

Standard status Active

Space & Availability

Floor Ground
Space Use Retail

Additional Details

Frontage 50 ft

Amenities

parking garage

Building Details

Year Built 2007
Listing Agency: B Square Realty
Listed By: Li Li
Source: Wesellhomes
Added: Sep 9 Changed: Sep 10 Last Checked: Sep 10 at 2:47PM

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 property at 142-28 38th Avenue includes a mezzanine and more than 10,000 square feet of interior space. The layout includes an 18-foot ceiling area and is currently arranged for restaurant operations with a full kitchen. Its 50 feet of street frontage provides direct exposure along the commercial corridor.

The property is located in Downtown Flushing and is surrounded by national tenants. Additional parking is available through the building’s two-level parking garage. Built in 2007, the space can accommodate retail, restaurant, and other commercial uses supported by its existing configuration.

Key Highlights

  • More than 10,000 square feet of ground‑floor retail space with mezzanine
  • 50 feet of street frontage in Downtown Flushing
  • 18‑foot ceiling area creates an open interior volume

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

$74.93 /SF/Yr
Avg Asking Price
$7.61–$667 /SF/Yr
Price Range
5,152 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 space with a full kitchen, high ceilings, street frontage, and flexible commercial use potential.
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: More than 10,000 square feet of ground‑floor retail space with mezzanine; 50 feet of street frontage in Downtown Flushing; 18‑foot ceiling area creates an open interior volume
More about this property
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