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Retail Space in Rental Building

215-216 Northern Blvd, Bayside, NY 11361

For Lease
New
Contact for pricing

Ground-floor space in a newly constructed 38-unit rental property with dedicated customer parking.

Space Size1,150 SF
Days on Market5

Property Features for 215-216 Northern Blvd

General Information

Standard status Active
Size 1,150 SF
Total Parking Spaces 8
Property subtype RETAIL

Additional Details

Space Use Retail

Building Details

Tenancy Multi

Spaces For Lease

at 215-216 Northern Blvd
215 - 216 Northern Blvd $9,000/Mo
Floor 1
Size 1,150 SF
Type RETAIL
Availability AVAILABLE, Now
Sublease No
-Last retail unit at the base of a 38-unit newly constructed, luxury rental building -Located in between Wonder and Verizon -Tenant pays no real estate taxes- 35 years tax abatement secured -8 dedicated on-site parking spaces for customers -Affluent trade area – $250K average household income and 41,000+ residents within a 1 mile radius
Contact us
Listing Agency: Meridian Capital Group
Listed By: Noam Aziz
Source: Moodyscre
Added: Nov 4 Changed: Nov 7 Last Checked: Nov 6 at 2:27PM

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 Meridian Capital Group

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Investment Insights

Based on property information with market context.

This retail space occupies the ground floor of a newly constructed, 38-unit rental building. The available area measures 1,150 square feet, with 8 dedicated on-site parking spaces for customers. The tenant pays no real estate taxes under a secured 35-year tax abatement.

The property is on Northern Blvd in Bayside, positioned between Wonder and Verizon. The surrounding area has 41,000+ residents within a 1-mile radius.

Key Highlights

  • 1,150‑square‑foot retail space at the base of a newly constructed 38‑unit rental building
  • Tenant pays no real estate taxes; 35‑year tax abatement secured
  • 8 dedicated on‑site spaces for customer parking

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Hotel & Motel (Bike/Boat/Book/etc) Store Clothing & Fashion Store Storage Facility 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$14.09 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,676
Businesses Nearby
76k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 58% Dining 36% Beauty & Spa 6%
Capital One Bank Shops & Services
16,088 visits/mo 0.4 miles
Starbucks Dining
13,820 visits/mo 0.4 miles
Bank of America Shops & Services
12,552 visits/mo 0.3 miles
TD Bank Shops & Services
7,504 visits/mo 0.5 miles
BP Shops & Services
5,751 visits/mo 0.3 miles

Demographics for 11361, NY

29,116
Population
11,934
Households
2.4
Avg Household Size
43
Median Age
48%
College-Educated
88%
High-School Grad
1.7 sq mi
ZIP Area
17,127
Density / Sq Mi
$108,391
Median Household Income
$58,410
Median Earnings
$2,315
Median Rent
$900,700
Median Home Value

Market

Lease Benchmarks for Bayside, NY

$53.1 /SF/Yr
Avg Asking Price
$3.69–$100 /SF/Yr
Price Range
5,852 SF
Avg Space Size

This space is priced 77% above the average of $53.1 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Queens County, NY

$55.33 Jul
$68.29 Aug
$70.51 Sep
$53.41 Oct

Properties on Market for Retail space in Queens County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor space in a newly constructed 38-unit rental property with dedicated customer parking.
Where is this retail space located?
The property is located at 215-216 Northern Blvd Bayside, NY.
What is the lease rate?
The lease rate is $9,000/Mo.
What are key features of this property?
This property features: 1,150‑square‑foot retail space at the base of a newly constructed 38‑unit rental building; Tenant pays no real estate taxes; 35‑year tax abatement secured; 8 dedicated on‑site spaces for customer parking
(212) 468-5984 · Office Call to check price and availability
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