Your email has been sent.
Prime Fully Leased Commercial Building 36-15 164th St 8,000 SF 100% Leased Retail Building Flushing, NY 11358 $5,080,000 ($635/SF) 4.40% Cap Rate
Investment Highlights
- Right by LIRR station.
Executive Summary
Exceptional investment opportunity in the heart of Flushing! This 8,000 SF mixed-use building is fully leased with great tenants and offers a hassle-free, high-yield asset in a prime location.
- First Floor: 4,000 SF of retail space with strong, long-term tenants ensuring steady cash flow.
- Second Floor: 4,000 SF of newly renovated office space, modernized for premium professional use.
- Basement: Additional usable space, maximizing functionality.
Unbeatable Location: Situated right by the LIRR station, ensuring high foot traffic and easy accessibility.
Turnkey Investment: Fully leased with stable tenants, making this property easy to manage and an excellent addition to any investor’s portfolio.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Commuter Rail
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Storefront Space for Lease – Prime Flushing Location Excellent opportunity to lease a ground-floor storefront at 36-17 164th Street, Flushing, NY 11358, located in the heart of a vibrant, high-traffic neighborhood. This street-level space offers great visibility and exposure, ideal for a variety of professional or retail uses. Situated just minutes from Northern Boulevard, Francis Lewis Boulevard, and major bus lines, the location provides convenient access for both customers and employees. The surrounding area features a strong mix of residential buildings, local businesses, schools, and community amenities, creating steady foot and vehicle traffic throughout the day. The property is positioned near downtown Flushing, with easy access to shopping, dining, banking, and public transportation, including the LIRR and 7 train nearby. This is a well-established commercial corridor with consistent demand and long-term growth potential. Ideal for retail, office, service, or specialty use. Please do not disturb occupants.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 513 SF | Retail | - | 30 Days |
1st Floor
| Size |
| 513 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
1st Floor
| Size | 513 SF |
| Space Use | Retail |
| Position | - |
| Available | 30 Days |
Storefront Space for Lease – Prime Flushing Location Excellent opportunity to lease a ground-floor storefront at 36-17 164th Street, Flushing, NY 11358, located in the heart of a vibrant, high-traffic neighborhood. This street-level space offers great visibility and exposure, ideal for a variety of professional or retail uses. Situated just minutes from Northern Boulevard, Francis Lewis Boulevard, and major bus lines, the location provides convenient access for both customers and employees. The surrounding area features a strong mix of residential buildings, local businesses, schools, and community amenities, creating steady foot and vehicle traffic throughout the day. The property is positioned near downtown Flushing, with easy access to shopping, dining, banking, and public transportation, including the LIRR and 7 train nearby. This is a well-established commercial corridor with consistent demand and long-term growth potential. Ideal for retail, office, service, or specialty use. Please do not disturb occupants.
Nearby Major Retailers
Property Taxes
| Parcel Number | 05287-0009 | Total Assessment | $532,260 (2025) |
| Land Assessment | $99,000 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $433,260 (2025) | Tax Year | 2024 |
Property Taxes
Presented by
Prime Fully Leased Commercial Building | 36-15 164th St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.