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    161-10 46Th Ave Flushing, NY 11358

    Sponsored
    For Lease
    $36 SF/Yr ($4,300 /Mo)

    1,400 SF Basement Retail, Elevator Access

    Lot size:
    1,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,400 square foot retail space is located in the basement of a 4-story building constructed in 2018 in the heart of Flushing, Queens County. The property boasts a convenient separate entrance and elevator access, ensuring easy accessibility for customers and staff. Situated on a 4,000 square foot lot, this single-tenant space offers a unique opportunity for a variety of businesses. The high ceilings, ranging from 11 to 15 feet, create a spacious and inviting atmosphere. Its prime location near Kissena Park places it within a bustling and high-traffic area, ideal for businesses catering to a diverse clientele. The space is well-suited for a range of uses, including offices, after-school programs, hair salons, nail shops, or yoga studios. This newly built building provides a modern and well-maintained environment, offering a significant advantage for any business seeking a prominent location in a thriving community. The property's single-tenant occupancy ensures exclusive use and control of the space, providing an ideal environment for focused business operations. This is a rare opportunity to secure a well-located, spacious, and modern retail space in a highly desirable area of Queens.

    Property Features for 161-10 46Th Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,400 SF
    Total Rate
    4300.33

    Building Details

    Year Built
    2018
    Stories
    4

    Unit(s) available at that property

    Space
    161-10 46th Avenue Basement
    Size
    1,400 SF
    Rate per SF
    $36

    HighLights

    • 1,400 SF retail space in a single‑tenant building.
    • Located in prime Flushing, Queens.
    • Building built in 2018, four stories, with 11‑15 foot ceilings.
    • 4,000 SF lot size.
    • Separate basement entrance with elevator access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Flushing
    County
    Queens
    State
    New York
    Longitude
    -73.8054858
    Latitude
    40.75361

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    FAQs

    What type of property is this?
    Retail property - 1,400 SF Basement Retail, Elevator Access
    Where is this retail property located?
    The property is located at 161-10 46Th Ave Flushing, NY.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: 1,400 SF retail space in a single-tenant building.; Located in prime Flushing, Queens.; Building built in 2018, four stories, with 11-15 foot ceilings.
    Request Owner's contact information
    161-10 46Th Ave Flushing, NY 11358
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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
    161-10 46Th Ave Flushing, NY 11358
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