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    Transit-Accessible Retail Property Title is generated by Realmo AI

    4006 Main Street Flushing, Ny, NY 11354

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    Claim this Listing
    New
    For Sale
    $17,500,000

    Highly visible retail property available for sale with C4-3 zoning and proximity to multiple transit options.

    Property size:
    6,338 SF
    Price / SF:
    $2,761/SF
    Added:
    Jul 9, 2026
    Days on Market:
    1
    Last Refresh:
    Jul 9 at 2:14 am

    Property Features for 4006 Main Street Flushing

    General Information

    Standard status
    Active
    Size
    6,338 SF

    Building Details

    Year Built
    1931

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    Marie Nick

    Listing office

    Listing date Jul 9, 2026

    Source Town-and-country-fishkill-ny.remax

    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 Marie Nick

    HighLights

    • Highly visible commercial property at 44‑06 Main Street, Flushing, NY.
    • C4‑3 zoning with permitted FAR and allowed uses listed as part of the offering.
    • Proximity to multiple transit options, including the 7 train, LIRR, and busway.
    • Building area totals 6,338 SF.
    • Year built: 1931.
    • Finished, full basement; water source is public.

    Overview

    44-06 Main Street in Flushing, NY is a highly visible retail property offered for sale, positioned for flexible redevelopment or user occupation under C4-3 zoning. The listing emphasizes zoning-driven development capability alongside the property’s commercial positioning.

    The site is described as transit-rich, with proximity to the 7 train, LIRR, and a busway, supporting strong regional connectivity and consistent pedestrian activity in the downtown Flushing area.

    For buyers and brokers evaluating redevelopment or an operator site, this offering is presented as a conventional retail asset with a zoning framework intended to allow meaningful future flexibility.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $1.67M $264.00
    − Vacancy −$200.8k −$31.68
    EGI $1.47M $232.32
    − OpEx −$368.1k −$58.08
    NOI $1.10M $174.24
    6,338 SF · lease $264.00/SF/yr · vacancy 12.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $15.78M
    $13.80M – $18.41M (±1% cap)
    NOI $1,104,333 @ 7.0% cap · market cap 6.31%
    Second Best
    Retail
    $12.74M
    $11.15M – $14.87M (±1% cap)
    NOI $891,912 @ 7.0% cap · market cap 5.10%
    Theoretical Best
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Grocery & Convenience Store Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Evergreen Flower Inc 41-42 Main St, Flushing, NY 11355
    • 法拉盛礼品艺术品有限公司 41-41 Kissena Blvd suite #105, Flushing, NY 11355
    • Sunshine Flowers Inc 40-22 Main St, Flushing, NY 11354
    • Jerry Peeler's Florist - Flower Delivery Flushing NY 4210 colden st, queens, ny 11355
    • Benicia Florist Same Day Delivery Inc 42-95 main st, queens, ny 11355

    Location Insight

    • Map
    • Local Demand
    City
    Ny
    County
    New York
    State
    New York
    Longitude
    -74.020113
    Latitude
    40.689618

    FAQs

    What type of property is this?
    Storefront property - Highly visible retail property available for sale with C4-3 zoning and proximity to multiple transit options.
    Where is this storefront property located?
    The property is located at 4006 Main Street Flushing Ny, NY.
    What is the asking price?
    The asking price for this property is $17,500,000.
    What are key features of this property?
    This property features: Highly visible commercial property at 44‑06 Main Street, Flushing, NY.; C4‑3 zoning with permitted FAR and allowed uses listed as part of the offering.; Proximity to multiple transit options, including the 7 train, LIRR, and busway.
    More about this property
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