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Retail Spaces for Lease
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1508 Central Ave, Far Rockaway, NY 11691

Two retail suites totaling 4,681 RSF are available with easy access to the A train and nearby buses.

Days on Market10

Property Features for 1508 Central Ave

General Information

Standard status Active
Property subtype Retail

Amenities

easy access to A train and buses
Listing Agency: RM Friedland
Listed By: Stephen Kaufman · License #10301212098
Source: Crexi
Added: Jul 22 Changed: Jul 25 Last Checked: Jul 30 at 11:37AM

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 RM Friedland

Investment Insights

Based on property information with market context.

Two retail spaces are available for lease: a 3,530 RSF suite and a 1,151 RSF suite. Each space is offered as a separate retail option within the same overall leasing opportunity.

The property provides easy access to the A train and buses. It is also adjacent to a 1,693-unit new development.

These suites can accommodate retail users seeking established street-level retail space in a transit-accessible setting next to a large residential project.

Key Highlights

  • 3,530 RSF retail space for lease
  • 1,151 RSF retail space for lease
  • Two retail suites total 4,681 RSF available

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Acupuncture (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

2,198
Businesses Nearby
112k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Shops & Services 31% Groceries 14% Electronics 1%
McDonald's Dining
35,790 visits/mo 0.2 miles
Key Food Supermarkets Groceries
15,292 visits/mo 0.2 miles
Taco Bell Dining
13,757 visits/mo 0.2 miles
BP Shops & Services
11,745 visits/mo 0.2 miles
Chase Bank Shops & Services
9,620 visits/mo 0.0 miles

Demographics for 11691, NY

64,673
Population
23,400
Households
2.8
Avg Household Size
34
Median Age
23%
College-Educated
78%
High-School Grad
2.7 sq mi
ZIP Area
23,953
Density / Sq Mi
$57,027
Median Household Income
$40,366
Median Earnings
$1,444
Median Rent
$649,400
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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Frequently Asked Questions

What type of property is this?
Retail space - Two retail suites totaling 4,681 RSF are available with easy access to the A train and nearby buses.
Where is this retail space located?
The property is located at 1508 Central Ave Far Rockaway, NY.
What are key features of this property?
This property features: 3,530 RSF retail space for lease; 1,151 RSF retail space for lease; Two retail suites total 4,681 RSF available
(914) 968-8500 Call to check price and availability
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