New Retail Buildings in Queens
For Lease
Contact for pricing
218-25 Hempstead Ave, Queens, NY 11429
Newly developed commercial buildings with flexible space and on-site parking.
Space Size5,800 SF - 9,000 SF
Property Size19,800 SF
Days on Market638
Property Features for 218-25 Hempstead Ave
General Information
Standard status
Active
Size
5,800 SF - 9,000 SF
Class
A
Property subtype
Retail
Lease Type
Net
Building Details
Building Size
19,800 SF
Tenancy
Multiple
Spaces For Lease
at 218-25 Hempstead Ave Contact us- Size
- 5,800 SF
- Type
- Retail
- Lease Type
- Net
- Availability
- Active
Existing Building
- Size
- 9,000 SF
- Type
- Retail
- Lease Type
- Net
- Availability
- Active
Ground Floor
- Size
- 9,000 SF
- Type
- Retail
- Lease Type
- Net
- Availability
- Active
Second Floor
Listing Agency:
Colliers - Stamford, Connecticut
Listed By:
Joshua Kleinberg · License #40KL0981587
Source:
Crexi
Added: Nov 22, 2024
Changed: Aug 15
Last Checked: Aug 21 at 7:34AM
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 Colliers - Stamford, Connecticut
Investment Insights
Based on property information with market context.
Two newly developed commercial buildings totaling 18,000 square feet are available for lease in Queens Village, New York. The properties offer flexible divisions of 2,250, 4,500, or 9,000 square feet per building, with the potential for private roof space. Both buildings benefit from shared on-site parking. The properties are zoned R3-2/ C2-3 and located on a prominent corner with excellent frontage, offering exceptional visibility and accessibility. These buildings are well-suited for a variety of uses, including daycare and retail. Situated in the vibrant Queens Village neighborhood, the location provides businesses with a prime location and excellent transportation connectivity. The properties are within walking distance of multiple bus lines, including the Q27, Q88, and Q110, which serve the immediate area. Nearby access to the Cross Island Parkway and Grand Central Parkway ensures seamless regional travel. Surrounded by a mix of national and local retailers, dining options, and community amenities, these buildings offer an outstanding opportunity for tenants seeking a strategic foothold in one of Queens’ most active commercial corridors.
Key Highlights
- Prime location in a high‑traffic Queens Village commercial corridor.
- Flexible space divisions: 2,250 SF, 4,500 SF, or 9,000 SF per building.
- Newly developed commercial buildings totaling 18,000 SF.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,658
Businesses Nearby
37k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 67%
Dining 33%
White Castle
Dining
12,203 visits/mo
0.3 miles
Dollar Tree
Shops & Services
11,808 visits/mo
0.4 miles
Dollar General
Shops & Services
9,246 visits/mo
0.5 miles
Regency Party Hall
Shops & Services
3,267 visits/mo
0.2 miles
Demographics for 11429, NY
25,895
Population
8,601
Households
3
Avg Household Size
41
Median Age
27%
College-Educated
84%
High-School Grad
1.3 sq mi
ZIP Area
19,919
Density / Sq Mi
$98,232
Median Household Income
$45,053
Median Earnings
$1,605
Median Rent
$646,200
Median Home Value
Market
Lease Benchmarks for Queens, NY
$61.48 /SF/Yr
Avg Asking Price
$20–$130 /SF/Yr
Price Range
7,892 SF
Avg Space Size
This space is priced 27% below the average of $61.48 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Newly developed commercial buildings with flexible space and on-site parking.
Where is this retail space located?
The property is located at 218-25 Hempstead Ave Queens, NY.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: Prime location in a high‑traffic Queens Village commercial corridor.; Flexible space divisions: 2,250 SF, 4,500 SF, or 9,000 SF per building.; Newly developed commercial buildings totaling 18,000 SF.
