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Office Unit 702 with Terrace
For Sale
$1,008,000
Pending

37-16 Union Street, Flushing, NY 11354

SINGLE_FAMILY - Flushing, NY

Property Size843 SF
Lot Size0.24 Acres
Days on Market498

Property Features for 37-16 Union Street

General Information

Property type Residential
Property subtype Office
Property condition Under Construction
Directions Google Maps
Standard status Pending
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 972

Utilities

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

Amenities

floor-to-ceiling windows
private outdoor terraces

Building Details

Year built 2025
Building materials Aluminum Siding
Listing Agency: B Square Realty
Listed By: Li Li
Added: Apr 3, 2025 Changed: Aug 3 Last Checked: Aug 13 at 8:06AM
MLS# 844524

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 702 offers approximately 843 square feet within a 15-story commercial building currently under construction. The space is planned with a flexible layout suited to professional or medical occupancy, along with floor-to-ceiling windows and access to private outdoor terraces. Building systems include VRF HVAC, Schuco energy-efficient curtain walls, public water and public sewer, central air, and electric heating.

The property is located one block from the Main Street 7 Train, with access to the LIRR and more than 20 MTA bus lines. Hospitals, banks, retail, dining, and highways are nearby. A fully automated robotic parking system is planned for the building, and the project is qualified for a 25-year tax abatement. Estimated completion is Spring 2026.

Key Highlights

  • Approximately 843 square feet in Unit 702
  • 15‑story commercial building currently under construction
  • Private outdoor terraces and floor‑to‑ceiling windows

Property Analytics

Current Use

Office Units

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

Location Intelligence

Trade Area within ½ mile

9,232
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

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
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office condominium space in a new, transit-connected commercial tower with medical and professional-use potential.
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 $1,008,000.
What are key features of this property?
This property features: Approximately 843 square feet in Unit 702; 15‑story commercial building currently under construction; Private outdoor terraces and floor‑to‑ceiling windows
More about this property
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