Retail Space with Full
160-26 Northern Blvd., Flushing, NY 11358
For Sale
Contact for pricing
A parking lot is available with the space.
Property Size3,900 SF
Price / SF$2.31
Days on Market26
Property Features for 160-26 Northern Blvd.
General Information
Standard status
Size
Property subtype
Listing Agency:
RE/MAX 1st Choice
(516) 888-6000
Listed By:
Duckjae Lee · License #10301203331
(718) 360-1280
Source:
Neilcharlesrealestate
Added: Oct 13
Changed: Nov 7
Last Checked: Nov 6 at 3:09PM
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 RE/MAX 1st Choice
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail space includes a full basement and access to a parking lot. The property is on Northern Boulevard in Flushing, Queens, within a commercial area.
Key Highlights
- Full basement
- Parking lot available
- Located on Northern Boulevard in Flushing, Queens
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,615
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,392,300
$1.4M
Cap Rate 7%
$994,500
$994.5K
Cap Rate 9%
$773,500
$773.5K
Market Conditions
NOI Build-Up for 3,900 SF
Gross rent
$117.0K $30.00/SF
− Vacancy
−$17.6K −$4.50/SF
EGI
$99.5K $25.50/SF
− OpEx
−$29.8K −$7.65/SF
NOI
$69.6K $17.85/SF
Area
Queens County, NY
Vacancy
15.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,392,300
Cap Rate 7%
$994,500
Cap Rate 9%
$773,500
Alternative Uses
Best Use
Retail
$994.5K
$870.2K – $1.16M
NOI $69,615 @ 7.0% cap · market cap 773.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.88M
$2.52M – $3.35M
NOI $201,259 @ 7.0% cap · market cap 2,236.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,621
Businesses Nearby
115k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 25%
Groceries 22%
Electronics 3%
Taco Bell
Dining
30,574 visits/mo
0.2 miles
Key Food Marketplace
Groceries
24,912 visits/mo
0.5 miles
Popeyes Louisiana Kitchen
Dining
12,889 visits/mo
0.2 miles
Sunoco
Shops & Services
9,107 visits/mo
0.3 miles
Mobil
Shops & Services
7,346 visits/mo
0.2 miles
Demographics for 11358, NY
40,435
Population
13,806
Households
2.9
Avg Household Size
43
Median Age
37%
College-Educated
84%
High-School Grad
2.0 sq mi
ZIP Area
20,218
Density / Sq Mi
$88,729
Median Household Income
$46,875
Median Earnings
$2,086
Median Rent
$967,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Flushing, NY
Properties on Market for Retail space in Flushing
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - A parking lot is available with the space.
Where is this retail space located?
The property is located at 160-26 Northern Blvd. Flushing, NY.
What are key features of this property?
This property features: Full basement; Parking lot available; Located on Northern Boulevard in Flushing, Queens
