The subject is a mint-condition free-standing retail store in the center of Downtown Flushing where foot traffic is the heaviest outside of Manhattan. The subject is one-minute walk to 7 Train Main Street Station, 2-minute walk to LIRR Flushing, and walking distance to 25 bus lines. Flushing has become an important economic hub as evidenced by increasing number of banks setting up operations. According to the FDIC 2018 data, $14 billion was recorded in total bank deposit in one-mile radius from the intersection of Main Street and Roosevelt Ave. The high concentration of Chinese population in the area has propels the constructions of many condos to fulfill the need for housing. Renaissance, Four Points and Indigo hotels are about to open to accommodate business travellers and tourists. With a 25’ frontage facing Roosevelt Ave— the busiest retail corridor, this property can easily be successful with the right retail model. Another 2000 SF of adjacent storefront can be available to qualified tenant. The property can be divided. For more details, please call Howard 929-325-8205.
