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Prime Retail Condos in Woodside

43-20 52nd St RS, Queens, NY 11377

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For Sale

$2,850,000

Two retail condos in a high-traffic, accessible location.

Type:Commercial

Property size:

3,855 SF

Price / SF:

$739/SF

HighLights

Prime location on bustling 52nd Street with exceptional foot traffic and visibility.
Excellent transportation access: steps from the 52nd Street 7 train station and multiple bus routes; easy access to major highways.
Two ground‑floor retail condo units totaling 3,855 SF: Unit B1 (845 SF) is leased and generating income; Unit B2 (3,010 SF) is vacant.
Unit B2's vacant space offers tremendous potential for restaurants, retail stores, medical offices, or other commercial uses.
Both units feature private ADA‑compliant restrooms, individual utility meters, HVAC systems, and full sprinkler coverage.
Located in a high‑demand corridor with strong neighborhood demographics and limited retail unit inventory.

We can help!

Listing Contact

Li Li

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For Sale

$2,850,000

Two retail condos in a high-traffic, accessible location.

Type:Commercial

Property size:

3,855 SF

Price / SF:

$739/SF

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 3:14 pm

Property Features for 43-20 52nd St RS

General Information

Standard status: Active
Size: 3,855 SF
Property subtype: Commercial

Building Details

Year Built: 2021

We can help!

Listing Contact

Li Li

Listing agent Li Li

Listing office

Listing date Apr 24, 2026

Source Elliman

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 Li Li

HighLights

Prime location on bustling 52nd Street with exceptional foot traffic and visibility.
Excellent transportation access: steps from the 52nd Street 7 train station and multiple bus routes; easy access to major highways.
Two ground‑floor retail condo units totaling 3,855 SF: Unit B1 (845 SF) is leased and generating income; Unit B2 (3,010 SF) is vacant.
Unit B2's vacant space offers tremendous potential for restaurants, retail stores, medical offices, or other commercial uses.
Both units feature private ADA‑compliant restrooms, individual utility meters, HVAC systems, and full sprinkler coverage.
Located in a high‑demand corridor with strong neighborhood demographics and limited retail unit inventory.

Overview

This offering features two ground-floor retail condos in a newly constructed building on 52nd Street. The property includes Unit B1, which has 845 square feet and is currently leased, generating rental income. Unit B2 offers 3,010 square feet of vacant space. Together, the units provide 3,855 square feet of retail space. Situated between Roosevelt Avenue and Queens Boulevard, the location offers foot traffic and visibility, steps from the 52nd Street 7 train station and multiple bus routes (Q60, Q32, Q104). The surrounding area features dense residential neighborhoods, new developments, and commercial activity, with access to the LIE, BQE and Queensboro Bridge. Both units feature private ADA-compliant restrooms, individual utility meters, HVAC systems and full sprinkler coverage. Unit B2's 3,010 square feet of vacant space offers potential for restaurants, retail stores, medical offices, or other commercial uses. The location has a walk score of 93, a bike score of 69, and a transit score of 100.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$254.4k	$66.00
− Vacancy	−$16.5k	−$4.29
EGI	$237.9k	$61.71
− OpEx	−$59.5k	−$15.43
NOI	$178.4k	$46.28

3,855 SF · lease $66.00/SF/yr · vacancy 6.50% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$2.55M

$2.23M – $2.97M (±1% cap)

NOI $178,419 @ 7.0% cap · market cap 6.26%

Second Best

Office B

$1.81M

$1.59M – $2.12M (±1% cap)

NOI $126,921 @ 7.0% cap · market cap 4.45%

Theoretical Best

Office A

$2.84M

$2.49M – $3.32M (±1% cap)

NOI $198,937 @ 7.0% cap · market cap 6.98%

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

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Queens
County: Queens
State: New York
Longitude: -73.911372
Latitude: 40.749409

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For sale
Retail space
NY
Queens
11377
43-20 52nd St RS

What type of property is this?

Retail space - Two retail condos in a high-traffic, accessible location.

Where is this retail space located?

The property is located at 43-20 52nd St RS Queens, NY.

What is the asking price?

The asking price for this property is $2,850,000.

What are key features of this property?

This property features: Prime location on bustling 52nd Street with exceptional foot traffic and visibility.; Excellent transportation access: steps from the 52nd Street 7 train station and multiple bus routes; easy access to major highways.; Two ground‑floor retail condo units totaling 3,855 SF: Unit B1 (845 SF) is leased and generating income; Unit B2 (3,010 SF) is vacant.