Transit-Accessible Retail
For Sale
$15,300,000
4006 Main Street Flushing, Ny, NY 11354
Highly visible retail property available for sale with C4-3 zoning and proximity to multiple transit options.
Property Size6,338 SF
Price / SF$2,414
Days on Market92
Property Features for 4006 Main Street Flushing
General Information
Standard status
Active
Size
6,338 SF
Zoning
C4-3
Taxes and HOA fees
Annual Taxes
$255,860
Amenities
Finished,Full
Yes
Finished, Full
Public
No
6338
Please call/text Sunny 917-731-6826
Building Details
Building Size
6,338 SF
Year Built
1931
Stories
3
Listed By:
Marie Nick
(845) 765-6128
Source:
Town-and-country-fishkill-ny.remax
Added: Jul 9
Changed: Oct 5
Last Checked: Oct 7 at 9:42AM
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
Investment Insights
Based on property information with market context.
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.
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.
Key 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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$891,912
Cap Rate
5.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$17,838,240
$17.8M
Cap Rate 7%
$12,741,600
$12.7M
Cap Rate 9%
$9,910,133
$9.9M
Market Conditions
NOI Build-Up for 6,338 SF
Gross rent
$1.49M $235.68/SF
− Vacancy
−$219.6K −$34.64/SF
EGI
$1.27M $201.04/SF
− OpEx
−$382.2K −$60.31/SF
NOI
$891.9K $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%
$17,838,240
Cap Rate 7%
$12,741,600
Cap Rate 9%
$9,910,133
Alternative Uses
Best Use
Retail
$12.74M
$11.15M – $14.87M
NOI $891,912 @ 7.0% cap · market cap 5.83%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$15.78M
$13.80M – $18.41M
NOI $1,104,333 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
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 $15,300,000.
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.
