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Leased Storefront Retail Condo
New
For Sale
$1,571,025

3720 Prince Street Unit 1I, Flushing, NY 11354

An existing lease is in place, supporting ongoing rental income from this retail condominium.

Property Size850 SF
Price / SF$1,848
Days on Market4

Property Features for 3720 Prince Street Unit 1I

General Information

Standard status Active
Size 850 SF
Property subtype Retail

Taxes and HOA fees

Annual Taxes $4,475

Building Details

Building Size 850 SF
Year Built 2008
Listing Agency: Winzone Realty Inc
Listed By: Mo Tian
Source: Barbieliteam
Added: Aug 19 Changed: Aug 22 Last Checked: Aug 22 at 7:24AM

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 Winzone Realty Inc

Investment Insights

Based on property information with market context.

This storefront retail condominium contains approximately 850 SF and is subject to an existing lease, providing an established rental arrangement. The property was built in 2008 and is located within Prince Plaza at 37-20 Prince Street.

The asset sits in Downtown Flushing amid established businesses, restaurants, and residential buildings. The surrounding area is described as having heavy pedestrian traffic, with public transportation and major Flushing destinations nearby. The condominium may be acquired individually or in combination with additional commercial units in the building.

Key Highlights

  • Approximately 850 SF storefront retail condominium
  • Existing lease in place with ongoing rental income
  • Located within Prince Plaza at 37‑20 Prince Street

Property Analytics

Current Use

Law Office of Heng ... Law Firm Prince Plaza Apartment Building Thomas Law Office Law Firm

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

10,153
Businesses Nearby
226k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 25% Shops & Services 21% Hotels & Casinos 20% Groceries 19%
H Mart Groceries
42,072 visits/mo 0.5 miles
Best Buy Electronics
37,064 visits/mo 0.3 miles
Chase Bank Shops & Services
19,494 visits/mo 0.1 miles
Mobil Shops & Services
15,325 visits/mo 0.1 miles
Four Points by Sheraton Flushing Hotels & Casinos
15,059 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

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 - An existing lease is in place, supporting ongoing rental income from this retail condominium.
Where is this storefront property located?
The property is located at 3720 Prince Street Unit 1I Flushing, NY.
What is the asking price?
The asking price for this property is $1,571,025.
What are key features of this property?
This property features: Approximately 850 SF storefront retail condominium; Existing lease in place with ongoing rental income; Located within Prince Plaza at 37‑20 Prince Street
More about this property
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