161-10 46Th Ave Flushing, NY 11358
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.