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Retail Store with Cellar

31-52 137th St #Street Level, Flushing, NY 11354

For Lease
$3,500/Mo

Street-level shop space includes a cellar that can serve as additional storage.

Space Size600 SF - 1,200 SF
Days on Market154

Property Features for 31-52 137th St #Street Level

General Information

Standard status Active
Size 600 SF - 1,200 SF
Net Rentable 600 SF

Space & Availability

Available Space 600-1,200 SF
Space Use Retail
Available From Immediate

Site & Location

Frontage 14 ft
Traffic Count 6,000 vehicles/day
Highway Access Yes

Additional Details

Lease Rate $3,500 /MO

Building Details

Year Built 1940
Stories 1
Listing Agency: HANMI REALTY
Listed By: Mi Ryoung Chong
Source: Gatewaypropertiesofupstateny
Added: Jun 8 Changed: Nov 8 Last Checked: Nov 8 at 1:42AM

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 HANMI REALTY

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Investment Insights

Based on property information with market context.

Street-level retail space at 31-52 137th St in Flushing offers approximately 600 square feet on the main level and a cellar of roughly 600 square feet for storage. The building dates to 1940. Convenience stores and delis are excluded uses.

The storefront has about 14 feet of street frontage and is beside Leavitt’s park and a Q61 bus stop. The intersection location sees foot traffic, and the adjacent roadway carries more than 6,000 cars per day. Other nearby transit options include Q16, Q19, Q20, Q25, Q28, Q44 SBS and Q50 bus service.

Key Highlights

  • Approximately 600 square feet of retail area plus a cellar of about 600 square feet
  • About 14 feet of street frontage
  • Adjacent to Leavitt's park and a Q61 bus stop

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Garden Center Barber Shop Veterinary Clinic Restaurant

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

6,000 VPD
Traffic count
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,108
Businesses Nearby
689k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 53% Apparel 13% Dining 12% Groceries 9%
Target Superstores
194,169 visits/mo 0.3 miles
BJ's Wholesale Club Superstores
170,527 visits/mo 0.2 miles
T.J. Maxx Apparel
72,140 visits/mo 0.2 miles
ShopRite Groceries
64,119 visits/mo 0.4 miles
Starbucks Dining
36,832 visits/mo 0.3 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Flushing, NY

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

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

$51.74 Jul
$88.68 Aug
$94.03 Sep
$60.98 Oct

Properties on Market for Retail space in Flushing

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 - Street-level shop space includes a cellar that can serve as additional storage.
Where is this retail space located?
The property is located at 31-52 137th St #Street Level Flushing, NY.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: Approximately 600 square feet of retail area plus a cellar of about 600 square feet; About 14 feet of street frontage; Adjacent to Leavitt's park and a Q61 bus stop
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