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Multi-Level Retail Building
For Lease
$2,100,000

3520 Farrington Street, Flushing, NY 11354

Commercial building with basement and two retail floors, offered with a 1.5-year lease term.

Space SizeContact for details
Days on Market52

Property Features for 3520 Farrington Street

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $21,058

Building Details

Year Built 1987
Listing Agency: Canaan Realty International
Listed By: Xue Q. Gao (crii6789@gmail.com)
Source: Iaquintarealestate
Added: Jul 2 Changed: Aug 8 Last Checked: Aug 21 at 7:54AM

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 Canaan Realty International

Investment Insights

Based on property information with market context.

This commercial building is configured with a basement plus two upper levels, with stated projected rents by floor. The basement is listed at $4,000 per month, the first floor at $6,000 per month, and the second floor at $3,200 per month. The offering is structured with a 1.5-year lease term.

The property is located at 3520 Farrington Street in Flushing, New York (11354).

Key Highlights

  • Commercial building built in 1987 with a basement and two retail floors
  • Offered with a 1.5‑year lease term
  • Basement listed rent: $4,000/month (project)

Property Analytics

Current Use

Blue Rose Spa ... Alternative Medicine Practice

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

10,168
Businesses Nearby
291k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 35% Shops & Services 26% Dining 24% Hotels & Casinos 15%
Stop & Shop Groceries
58,603 visits/mo 0.5 miles
H Mart Groceries
42,072 visits/mo 0.3 miles
Shell Shops & Services
21,073 visits/mo 0.4 miles
Chase Bank Shops & Services
19,494 visits/mo 0.1 miles
Mobil Shops & Services
15,325 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

Market

Lease Benchmarks for Flushing, NY

$80.85 /SF/Yr
Avg Asking Price
$4.39–$667 /SF/Yr
Price Range
5,332 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial building with basement and two retail floors, offered with a 1.5-year lease term.
Where is this retail space located?
The property is located at 3520 Farrington Street Flushing, NY.
What is the lease rate?
The lease rate is $2,100,000.
What are key features of this property?
This property features: Commercial building built in 1987 with a basement and two retail floors; Offered with a 1.5‑year lease term; Basement listed rent: $4,000/month (project)
More about this property
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