Glass-Front Retail
For Sale
Contact for pricing
40-09 Queens Boulevard, New York, NY 11104
Street-facing glazing, nearby subway access, and municipal parking support convenient customer access.
Property Size400 SF
Price / SF$8.34
Days on Market25
Property Features for 40-09 Queens Boulevard
General Information
Standard status
Active
Size
400 SF
Property subtype
Retail
Site & Location
Neighborhood
Sunnyside
Corner Location
No
End Cap
No
Additional Details
Tenant in Place
Yes
Amenities
huge glass windows
Building Details
Year Built
1929
Listing Agency:
Keller Williams Realty Greater
(516) 873-7100
Listed By:
Nathan M. Kamara · License #40KA1010752
(516) 424-1404
Source:
Neilcharlesrealestate
Added: Oct 7
Changed: Oct 30
Last Checked: Oct 30 at 1:54AM
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 Keller Williams Realty Greater
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 400-square-foot storefront at 40-09 Queens Boulevard has large glass windows and dates to 1929. The space is offered under a net lease, with the tenant responsible for taxes.
The property is on a block with restaurants, a coffee shop, a brewery, a convenience store, a cannabis dispensary, and TD Bank across the street. A municipal parking lot is directly opposite, and the 7 train serves the same block.
The property is on a block with restaurants, a coffee shop, a brewery, a convenience store, a cannabis dispensary, and TD Bank across the street. A municipal parking lot is directly opposite, and the 7 train serves the same block.
Key Highlights
- 400‑square‑foot storefront with large glass windows
- On the same block as the 7 train
- Municipal parking lot directly across the street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,290
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,125,800
$1.1M
Cap Rate 7%
$804,143
$804.1K
Cap Rate 9%
$625,444
$625.4K
Market Conditions
NOI Build-Up for 400 SF
Gross rent
$94.3K $235.68/SF
− Vacancy
−$13.9K −$34.64/SF
EGI
$80.4K $201.04/SF
− OpEx
−$24.1K −$60.31/SF
NOI
$56.3K $140.72/SF
Area
New York, NY
Vacancy
14.70%
Lease Rate
$235.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,125,800
Cap Rate 7%
$804,143
Cap Rate 9%
$625,444
Alternative Uses
Best Use
Retail
$804.1K
$703.6K – $938.2K
NOI $56,290 @ 7.0% cap · market cap 1,687.86%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$995.7K
$871.2K – $1.16M
NOI $69,696 @ 7.0% cap · market cap 2,089.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,897
Businesses Nearby
274k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 34%
Groceries 8%
Electronics 6%
McDonald's
Dining
44,795 visits/mo
0.3 miles
Speedway
Shops & Services
20,004 visits/mo
0.2 miles
Bank of America
Shops & Services
17,011 visits/mo
0.2 miles
Starbucks
Dining
16,082 visits/mo
0.1 miles
Dollar Tree
Shops & Services
16,009 visits/mo
0.2 miles
Demographics for 11104, NY
27,407
Population
13,224
Households
2.1
Avg Household Size
39
Median Age
51%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
68,518
Density / Sq Mi
$84,716
Median Household Income
$60,346
Median Earnings
$1,924
Median Rent
$665,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- The Greenhouse Flowers & Plants LLC — 50-60 48th St, Flushing, NY 11377
- Atlas Floral Decorators — 4835 36th st, queens, ny 11101
- Rachel Cho Floral Design — 33-20 48th Ave UNIT 225, Queens, NY 11101
- Rose Mix Bouquet — 48-14 33rd St, Long Island City, NY 11101
- Queens Flower Delivery — 45-54 43rd St, Sunnyside, NY 11104
Frequently Asked Questions
What type of property is this?
Storefront property - Street-facing glazing, nearby subway access, and municipal parking support convenient customer access.
Where is this storefront property located?
The property is located at 40-09 Queens Boulevard New York, NY.
What are key features of this property?
This property features: 400‑square‑foot storefront with large glass windows; On the same block as the 7 train; Municipal parking lot directly across the street
