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Prime Retail Space in Flushing
For Lease
$25,000

142-28 38th Ave Retail+ Mezz, Queens, NY 11354

Spacious retail space with high visibility in Downtown Flushing.

Space SizeContact for details
Property Size11,639 SF
Days on Market158

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

General Information

Standard status Active
Size 11,639 SF
Property subtype Commercial
Lease Term Flexible

Taxes and HOA fees

Annual Taxes $172,057

Building Details

Building Size 11,639 SF
Year Built 2007
Stories 2
Listing Agency:
Listed By: Li Li
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 4:55AM

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 over 10,000-square-foot ground-floor retail space with a mezzanine is located in the heart of Downtown Flushing's commercial hub. The property features 50 feet of street frontage, providing high exposure and strong foot traffic. A portion of the space includes an 18-foot ceiling height, creating an open layout suitable for various commercial uses. Currently configured as a restaurant with a full kitchen, the space can be adapted for retailers, restaurants, or other ventures. The property is surrounded by national tenants, ensuring a strong business presence and customer flow. Two additional levels of parking garage are available for rent, providing convenience for customers and staff. This is a leasing opportunity in a sought-after commercial location.

Key Highlights

  • Over 10,000 sq ft ground‑floor retail space with mezzanine in Downtown Flushing.
  • 50 feet of prime street frontage for maximum visibility.**
  • Located in a high‑traffic commercial hub surrounded by national tenants.

Property Analytics

Current Use

ZHONG XI GROUP ... Property Management Company WZ PAO PAO ... Restaurant Sanshi Yuannan Noodles ... Restaurant Kitchen of One World Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Nursing Home Hair Salon Spa & Massage Center Garden 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

8,028
Businesses Nearby
56k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 62% Dining 21% Hotels & Casinos 14% Electronics 3%
Shell Shops & Services
11,847 visits/mo 0.2 miles
Dunkin' Donuts Dining
9,306 visits/mo 0.3 miles
BP Shops & Services
9,305 visits/mo 0.3 miles
Citgo Shops & Services
5,057 visits/mo 0.4 miles
La Quinta Inn and Suites by Wyndham Long Island City Hotels & Casinos
3,169 visits/mo 0.1 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 Queens, NY

$61.25 /SF/Yr
Avg Asking Price
$20–$130 /SF/Yr
Price Range
7,951 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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Spacious retail space with high visibility in Downtown Flushing.
Where is this retail space located?
The property is located at 142-28 38th Ave Retail+ Mezz Queens, NY.
What is the lease rate?
The lease rate is $25,000.
What are key features of this property?
This property features: Over 10,000 sq ft ground‑floor retail space with mezzanine in Downtown Flushing.; 50 feet of prime street frontage for maximum visibility.**; Located in a high‑traffic commercial hub surrounded by national tenants.
More about this property
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