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Ground-Floor Retail Storefront
New
For Sale
$6,700,000

37-16 Union Street, Flushing, NY 11354

Commercial Sale, Flushing, NY

Property Size5,200 SF
Price / SF$1,288
Days on Market4

Property Features for 37-16 Union Street

General Information

Property type Commercial Sale
Property subtype Retail
Property condition Under Construction
Elementary school district Contact Agent
Middle school district Contact Agent
High school district Contact Agent
Directions Google Map
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8436

Utilities

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

Amenities

available parking

Building Details

Year built 2025
Building materials Aluminum Siding
Listing Agency: B Square Realty
Listed By: Li Li
Added: Sep 10 Changed: Sep 11 Last Checked: Sep 13 at 12:06AM
MLS# 1049406

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 approximately 5,200 SF ground-floor commercial condominium is being developed at Union Center, with a modern aluminum-sided exterior and a flexible retail layout. The property is currently under construction and is expected to be delivered in Q4 2026. Building systems include central air conditioning, electric heating, public water, and public sewer. Parking is available, and a tax abatement is also associated with the property.

The storefront occupies 37-16 Union Street in Flushing, along an established commercial corridor surrounded by dense residential blocks and office activity. It sits beneath a 15-floor Class A office condominium, with public transportation, commercial amenities, and major roadways providing access to the surrounding area. Potential applications identified for the space include pharmacy, medical, wellness, retail, cafe, showroom, and professional service uses, subject to applicable approvals.

Key Highlights

  • Approximately 5,200 SF ground‑floor commercial condominium
  • Expected delivery in Q4 2026; currently under construction
  • Located at 37‑16 Union Street in Flushing, NY 11354

Property Analytics

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Current Use

Storefront properties

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,229
Businesses Nearby
96k
Monthly Visits Nearby
Under-served
Demand for This Use

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

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?
Storefront property - Under-construction commercial condominium with central air, parking, and public utilities.
Where is this storefront property located?
The property is located at 37-16 Union Street Flushing, NY.
What is the asking price?
The asking price for this property is $6,700,000.
What are key features of this property?
This property features: Approximately 5,200 SF ground‑floor commercial condominium; Expected delivery in Q4 2026; currently under construction; Located at 37‑16 Union Street in Flushing, NY 11354
More about this property
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