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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

38-08 Un St Queens, NY 11354

Property ID
Property summary
AI-generated overview

Three retail spaces are available for lease in the newly constructed Flushing Commons development in Downtown Flushing, Queens County, New York. The spaces range in size from 600 to 1,823 square feet, offering flexible options for various retail businesses. Flushing Commons is a 53,000 square foot flagship development that also includes 164,000 square feet of medical and professional offices, a proposed 598 residential units, and 1,600 parking spaces. The development features a 1.5-acre public plaza perfect for outdoor dining and community gatherings. Located in a vibrant, multicultural neighborhood with a significant Asian population, this property benefits from its proximity to the bustling intersection of Main Street and Roosevelt Avenue, the third busiest intersection in New York City. The nearby Flushing Main Street 7 train subway station is among the top 10 busiest in the entire city, ensuring high foot traffic and accessibility. This prime location offers exceptional visibility and access to a large and diverse customer base, making it an ideal opportunity for retailers seeking a thriving commercial environment in a dynamic and rapidly growing area. The property is situated at 38-08 Union Street, Flushing, NY 11354.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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