Building Details

Building Size 800 SF

Stories 2

Listing Agency: Telemundo Realty Corp t***@aol.com Show Phone

Listed By: Gladys Ramirez · License #31RA0597323 Show Phone

Source: Mahlerrealty

Added: May 23 Changed: Aug 28 Last Checked: Aug 28 at 11:31AM

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Investment Insights

Based on property information with market context.

This two-level storefront property offers 138 square feet on the first floor and another 138 square feet on the second floor. The corner configuration provides a compact commercial layout for a business seeking space across two floors. The property is available for rent, and the tenant is responsible for all utilities.

The site is near the 7 train, multiple bus routes, LaGuardia Airport, Flushing Meadows-Corona Park, Citi Field, Grand Central Parkway, and the Cross Island Expressway. Restaurants, shopping, and everyday conveniences are also nearby, with transportation connections serving Manhattan and surrounding boroughs.

Key Highlights

• 138 square feet on the first floor
• 138 square feet on the second floor
• Corner storefront configuration

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Acupuncture Carpet & Flooring Store 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

Yes

Utilities to site

NNN (Triple Net)

Lease Type

$22.83 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

3,169

Businesses Nearby

79k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 80% Hotels & Casinos 12% Electronics 4% Dining 4%

BP Shops & Services

30,076 visits/mo 0.2 miles

Speedway Shops & Services

15,765 visits/mo 0.4 miles

Springhill Suites New York Laguardia Airport Hotels & Casinos

9,165 visits/mo 0.3 miles

Shell Shops & Services

6,654 visits/mo 0.4 miles

Metro by T-Mobile Electronics

3,440 visits/mo 0.2 miles

Demographics for 11369, NY

40,805

Population

13,893

Households

2.9

Avg Household Size

37

Median Age

24%

College-Educated

79%

High-School Grad

1.1 sq mi

ZIP Area

37,095

Density / Sq Mi

$80,577

Median Household Income

$40,089

Median Earnings

$1,983

Median Rent

$734,900

Median Home Value

Market

Lease Benchmarks for East Elmhurst, NY

$86.48 /SF/Yr

Avg Asking Price

$17.86–$667 /SF/Yr

Price Range

2,763 SF

Avg Space Size

This space is priced 76% above the average of $86.48 /SF/Yr.

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

Questions? Ask Rey

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What type of property is this? Where is this storefront properties located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - Compact commercial space with separate levels in a mixed residential and commercial setting.

Where is this storefront property located?

The property is located at 31-04 107 Street East Elmhurst, NY.

What is the lease rate?

The lease rate is $3,500/Mo.

What are key features of this property?

This property features: 138 square feet on the first floor; 138 square feet on the second floor; Corner storefront configuration