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3-Unit Storefront Property

35-40 Union Street, Flushing, NY 11354

For Sale
New
$1,568,000
Pending

Four electric meters and four separate boilers serve the three commercial units.

Property Size2,070 SF
Days on Market3

Property Features for 35-40 Union Street

General Information

Standard status Pending
Size 2,070 SF

Additional Details

Utilities to Site Yes
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $21,098

Amenities

3
No
Private
2070

Building Details

Building Size 2,070 SF
Year Built 2025
Stories 3
Tenancy Multi
Listing Agency: Douglas Elliman Real Estate
Listed By: Alain Leveque
Source: Schunkrealtygroup
Added: Nov 7 Changed: Nov 8 Last Checked: Nov 8 at 11:57PM

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 Douglas Elliman Real Estate

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Investment Insights

Based on property information with market context.

This 2025 storefront property contains three commercial units across 2,070 square feet. The building has four electric meters and four separate boilers, providing distinct utility equipment within the property.

The property is on Union Street, one-half block from Northern Boulevard. Restaurants, banks, a hotel, and shops are nearby.

Key Highlights

  • Three commercial units in a 2,070‑square‑foot storefront property
  • Four electric meters and four separate boilers
  • Built in 2025

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Jay at J Clipz ... Barber Shop

Suggested Use

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

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,229
Businesses Nearby
96k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 44% Shops & Services 32% Dining 21% Home Improvements & Furnishings 2%
H Mart Groceries
42,194 visits/mo 0.3 miles
Mobil Shops & Services
16,625 visits/mo 0.5 miles
Citibank Shops & Services
14,415 visits/mo 0.1 miles
Paris Baguette Dining
10,785 visits/mo 0.3 miles
SUBWAY Dining
4,896 visits/mo 0.1 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

Average Price Trend$/SF for Storefront properties in Flushing, NY

$816 Jul
$1,456 Aug
$1,735 Sep
$1,570 Oct

Properties on Market for Storefront properties 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

Similar Off Market Nearby

  • Love's Flower - 有间花店 法拉盛 定制 鲜花 花店 花束 — 35-28 Union St #1FL, Queens, NY 11354
  • Happy Flowers — 147-34A Northern Blvd, Flushing, NY 11354
  • Ha Young Florist — 150-51 Northern Blvd, Flushing, NY 11354

Frequently Asked Questions

What type of property is this?
Storefront property - Four electric meters and four separate boilers serve the three commercial units.
Where is this storefront property located?
The property is located at 35-40 Union Street Flushing, NY.
What is the asking price?
The asking price for this property is $1,568,000.
What are key features of this property?
This property features: Three commercial units in a 2,070‑square‑foot storefront property; Four electric meters and four separate boilers; Built in 2025
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