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    135-02-08 Northern Blvd Queens, NY 11354

    For Sale
    $8,888,000

    Prime Flushing Retail Space, High Traffic

    Property size:
    9,027 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional corner retail property at 135-02-08 Northern Boulevard in Queens, NY (zip code 11354) presents a unique investment opportunity. Boasting over 9,000 square feet of usable space across two buildings, this property sits on a 6,174 square foot lot and benefits from expansive frontage exceeding 100 feet along Northern Boulevard. Its strategic location, just one block from Main Street, ensures high visibility and accessibility within a bustling commercial area. The property features two street frontages, maximizing exposure for any business. Full basements and gas service are already in place, offering flexibility for a wide range of uses. Zoned C4-2, this property offers significant development potential. Ideal for various businesses including dining, retail, entertainment, or service industries, this location promises strong returns due to its prime location in a thriving Queens neighborhood. The property's size and location make it an excellent choice for long-term investment and growth within Flushing's dynamic business district.

    Property Features for 135-02-08 Northern Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    9,027 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.8330393
    Latitude
    40.7624975

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    FAQs

    What type of property is this?
    Individual retail property - Prime Flushing Retail Space, High Traffic
    Where is this individual retail property located?
    The property is located at 135-02-08 Northern Blvd Queens, NY.
    What is the asking price?
    The asking price for this property is $8,888,000.
    Request Owner's contact information
    135-02-08 Northern Blvd Queens, NY 11354
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    135-02-08 Northern Blvd Queens, NY 11354
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