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Ground-Floor Retail Space
For Lease
$100 SF/Yr

37-16 Union Street, Flushing, NY 11354

Commercial Lease, Flushing, NY

Space Size1,000 SF - 5,200 SF
Days on Market310

Property Features for 37-16 Union Street

General Information

Property type Commercial Lease
Property subtype Retail
Property condition Under Construction
Directions Google Map
Standard status Active

Taxes and HOA fees

Tax Year 2025

Utilities

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

Building Details

Year built 2025
Building materials Aluminum Siding
Listing Agency: B Square Realty
Listed By: Li Li
Added: Nov 24, 2025 Changed: Sep 10 Last Checked: Sep 30 at 10:06AM
MLS# 938727

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.

Ground-floor retail space is available at Union Center, with a total area of 5,200 SF and divisibility starting at 1,000 SF. The premises are positioned beneath a 15-story Class A office condominium under construction, with a modern storefront facade and central air conditioning. The property is expected to be delivered in Q4 2026.

Located at 37-16 Union Street in Flushing, the space sits along an established commercial corridor surrounded by dense residential blocks and office activity. Public water and sewer serve the property, which is being constructed with aluminum siding and electric heating. The flexible layout supports a range of retail and service-oriented commercial concepts, subject to applicable approvals.

Key Highlights

  • 5,200 SF ground‑floor retail space divisible from 1,000 SF
  • Located beneath a 15‑story Class A office condominium
  • Expected delivery in Q4 2026

Property Analytics

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Current Use

Retail space

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

NNN (Triple Net)
Lease Type
$15.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,229
Businesses Nearby
96k
Monthly Visits Nearby

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
View Realmo Analytics

Market

Lease Benchmarks for Flushing, NY

$76.81 /SF/Yr
Avg Asking Price
$7.61–$667 /SF/Yr
Price Range
4,997 SF
Avg Space Size

This space is priced 30% above the average of $76.81 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible storefront space beneath a new Class A office condominium in an established commercial corridor.
Where is this retail space located?
The property is located at 37-16 Union Street Flushing, NY.
What is the lease rate?
The lease rate is $100 SF/Yr.
What are key features of this property?
This property features: 5,200 SF ground‑floor retail space divisible from 1,000 SF; Located beneath a 15‑story Class A office condominium; Expected delivery in Q4 2026
More about this property
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