Property Details for 4321 111 St

Property size

2,150 SF

Property type

Specialty properties

Property subtype

Retail properties & Spaces

Description

This exceptional 17,500 square foot land lease opportunity presents a unique chance to establish or expand a thriving business in a rapidly developing area of Corona, Queens. The property currently includes an existing mechanic repair shop, offering immediate operational potential. Its strategic location provides unparalleled access to major transportation arteries, including proximity to the 7 train subway line and bus routes, as well as the Grand Central Parkway. This ensures excellent connectivity for both employees and customers. Furthermore, the property benefits from its close proximity to Citi Field, the New York Hall of Science, the USTA Billie Jean King National Tennis Center, and the Unisphere, guaranteeing high foot and vehicle traffic. The area is experiencing significant growth, with planned additions including a new soccer stadium (opening in 2027), thousands of new residential units, a new hotel, and 80,000 square feet of additional commercial space. This surge in development promises increased population density and a substantial boost in consumer traffic, creating an ideal environment for business expansion and success. The property's 2,150 square foot building is currently configured as a single-tenant space. While the information provided is believed to be reliable, all zoning information and potential uses should be independently verified. This is a rare opportunity to capitalize on the explosive growth in this vibrant and dynamic location.

Location Insight

City

Queens

County

Suffolk

State

New York

Longitude

-73.8543

Latitude

40.7493