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Retail Space at Residential Tower
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For Lease
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98-85 Queens Blvd, Rego Park, NY 11374

Ground-floor retail opportunity near subway service and major Queens transportation routes.

Space SizeContact for details
Property Size10,771 SF
Days on Market7

Property Features for 98-85 Queens Blvd

General Information

Standard status Active
Size 10,771 SF
Property subtype Retail

Space & Availability

Floor Ground
Space Use Retail
Available From 2024-Q4

Site & Location

Corner Location Yes
Traffic Count 50,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Building Size 10,771 SF
Year Built 2024
Stories 16
Tenancy Multiple

Spaces For Lease

at 98-85 Queens Blvd Contact us

Lower Level Space

Type
Retail
Availability
Active
Contact us
Listing Agency: Momentum Realty Group
Listed By: Zack Setton · License #NY
Source: Crexi
Added: Aug 27 Changed: Aug 31 Last Checked: Sep 1 at 10:33AM

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 Momentum Realty Group

Investment Insights

Based on property information with market context.

Retail space is positioned at the base of a new 16-story residential building containing 225,000 SF. Delivery is scheduled for Q4 2024, and the property includes a 15 Year ICAP Abatement.

The site is located at the intersection of Queens Blvd, 99th Street, and 66th Ave in Rego Park. Approximately 50,000 vehicles pass the area daily, with a daytime population of 136,000. The 67th Avenue subway station is one block away, providing access to the E, F, M, and R Queens Blvd lines. Nearby transportation routes include the Midtown Tunnel, Long Island Expressway, and Grand Central Parkway.

Key Highlights

  • Retail space at the base of a 16‑story, 225,000 SF residential building
  • Scheduled delivery in Q4 2024
  • 15 Year ICAP Abatement

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

50,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,847
Businesses Nearby
218k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 45% Dining 27% Groceries 11% Office Supplies 9%
Staples Office Supplies
19,965 visits/mo 0.4 miles
Bank of America Shops & Services
17,011 visits/mo 0.2 miles
Starbucks Dining
16,082 visits/mo 0.2 miles
White Castle Dining
15,897 visits/mo 0.3 miles
Mobil Shops & Services
15,832 visits/mo 0.0 miles

Demographics for 11374, NY

47,129
Population
21,197
Households
2.2
Avg Household Size
43
Median Age
51%
College-Educated
90%
High-School Grad
0.9 sq mi
ZIP Area
52,366
Density / Sq Mi
$86,333
Median Household Income
$58,309
Median Earnings
$1,957
Median Rent
$484,500
Median Home Value

Market

Lease Benchmarks for Rego Park, NY

$79.93 /SF/Yr
Avg Asking Price
$7.61–$667 /SF/Yr
Price Range
5,268 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor retail opportunity near subway service and major Queens transportation routes.
Where is this retail space located?
The property is located at 98-85 Queens Blvd Rego Park, NY.
What are key features of this property?
This property features: Retail space at the base of a 16‑story, 225,000 SF residential building; Scheduled delivery in Q4 2024; 15 Year ICAP Abatement
More about this property
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