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Three-Unit Storefront Property
For Sale
$1,568,000
Pending

35-40 Union Street, Flushing, NY 11354

COMMERCIAL - Flushing, NY

Property SizeContact for details
Lot Size0.05 Acres
Days on Market186

Property Features for 35-40 Union Street

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Standard status Pending
APN 04961-0034
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 1987
Tax Annual Amount 21098

Utilities

Utilities Electricity Available
Cooling system Electric
Water source Private

Building Details

Year built 2025
Floors in Building 3
Building materials Brick
Listing Agency: Douglas Elliman Real Estate
Listed By: Jane S. Gao · License #10301212998
Added: Feb 11 Changed: Aug 4 Last Checked: Aug 16 at 9:06AM
MLS# 960908

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick storefront property contains three commercial units on a 0.0478-acre parcel at 35-40 Union Street in Flushing. The building is under construction, with a 2025 year built designation. Each unit is supported by a separate electric meter and boiler, providing four meters and four boilers across the property. Electric cooling is specified, with electricity available and private water serving the site.

The property is located one-half block from Northern Blvd and near restaurants, banks, hotels, and shops. Its Flushing address places the three-unit commercial configuration within an active neighborhood retail setting. The property is available for showing by appointment only, and current tenants should not be disturbed.

Key Highlights

  • Three commercial units on a 0.0478‑acre parcel
  • Four separate electric meters and four separate boilers
  • Brick construction with a 2025 year built designation

Property Analytics

Current Use

Jay at J Clipz ... Barber Shop

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Nursing Home Grocery & Convenience Store Garden Center Pet Grooming Service

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

9,232
Businesses Nearby
342k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 42% Dining 24% Shops & Services 21% Hotels & Casinos 13%
Stop & Shop Groceries
58,603 visits/mo 0.5 miles
H Mart Groceries
42,194 visits/mo 0.5 miles
H Mart Groceries
42,072 visits/mo 0.3 miles
Shell Shops & Services
21,073 visits/mo 0.2 miles
Chase Bank Shops & Services
19,494 visits/mo 0.4 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

Market

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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
  • Ha Young Florist 150-51 Northern Blvd, Flushing, NY 11354
  • Happy Flowers 147-34A Northern Blvd, Flushing, NY 11354

Frequently Asked Questions

What type of property is this?
Storefront property - Under-construction commercial asset with separate electric meters and boilers serving its three 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 on a 0.0478‑acre parcel; Four separate electric meters and four separate boilers; Brick construction with a 2025 year built designation
More about this property
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