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Office Unit in New Tower
For Sale
$1,148,000

37-16 Union Street, Flushing, NY 11354

Commercial Sale, Flushing, NY

Property Size891 SF
Lot Size0.24 Acres
Price / SF$1,288
Days on Market543

Property Features for 37-16 Union Street

General Information

Property type Commercial Sale
Property subtype Office
Property condition Under Construction
Directions Google Maps
Standard status Active
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 864

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Amenities

floor-to-ceiling windows
private outdoor terraces
VRF HVAC systems
energy-efficient curtain walls

Building Details

Year built 2025
Building materials Aluminum Siding
Listing Agency: B Square Realty
Listed By: Li Li
Added: Apr 3, 2025 Changed: Sep 24 Last Checked: Sep 27 at 10:06AM
MLS# 844507

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.

Unit 1407 offers approximately 891 square feet in a 15-story commercial building under construction. The space is described as having a flexible layout for professional or medical occupancy. Building features include floor-to-ceiling windows, private outdoor terraces, and VRF HVAC. Estimated completion is Spring 2026.

The property is one block from the Main Street 7 Train, with the LIRR and more than 20 MTA bus lines nearby. Hospitals, banks, retail, dining, and highways are also in the surrounding area. The building is qualified for a 25-year tax abatement.

Key Highlights

  • Unit 1407 contains approximately 891 square feet
  • 15‑story building under construction; estimated completion is Spring 2026
  • One block from the Main Street 7 Train and near the LIRR and 20+ MTA bus lines

Property Analytics

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Current Use

Office Units

Suggested Use

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,229
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - The 891-square-foot space is under construction for professional or medical use.
Where is this office units located?
The property is located at 37-16 Union Street Flushing, NY.
What is the asking price?
The asking price for this property is $1,148,000.
What are key features of this property?
This property features: Unit 1407 contains approximately 891 square feet; 15‑story building under construction; estimated completion is Spring 2026; One block from the Main Street 7 Train and near the LIRR and 20+ MTA bus lines
More about this property
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