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3909 Main St
Flushing, NY 11354
Retail Property For Sale


Investment Highlights
- Newly redeveloped freestanding flagship in prime Flushing.
- Bank of America AA-/Aa1 credit rating ensures stability.
- Located opposite 7 Train and LIRR stations for maximum foot traffic.
- Brand-new 15-year NNN lease with 2.5% annual increases.
- $14M LEED-certified buildout with no landlord contribution.
- Includes 5,000 SF of excess development rights for future upside.
Executive Summary
Positioned in the heart of Downtown Flushing’s financial corridor, 39-09 Main Street represents an irreplaceable investment opportunity. This newly redeveloped, three-story freestanding building serves as Bank of America’s flagship branch, anchoring one of New York City’s busiest retail and banking hubs. The property benefits from a brand-new 15-year triple-net lease with 2.5% annual escalations and four renewal options, ensuring long-term, investment-grade income with minimal landlord responsibilities.
Bank of America’s commitment is underscored by a $14 million LEED-certified buildout, signaling operational permanence and top-tier finishes. Located directly opposite the Main Street–Flushing 7 Train station and steps from the Long Island Rail Road, the site captures tens of thousands of pedestrians daily. Surrounded by major financial institutions and transformative mixed-use developments totaling over 3 million SF, this asset offers unmatched stability and upside potential. Additional value lies in approximately 5,000 SF of unused development rights, providing future expansion or transfer opportunities.
Downtown Flushing boasts a residential density of 50,000 persons per square mile and generates over $1.34 billion annually in retail sales, reinforcing strong demand for banking and retail services. This property combines institutional credit, prime location, and long-term cash flow—making it a premier choice for investors seeking security and growth in one of NYC’s most dynamic submarkets.
Bank of America’s commitment is underscored by a $14 million LEED-certified buildout, signaling operational permanence and top-tier finishes. Located directly opposite the Main Street–Flushing 7 Train station and steps from the Long Island Rail Road, the site captures tens of thousands of pedestrians daily. Surrounded by major financial institutions and transformative mixed-use developments totaling over 3 million SF, this asset offers unmatched stability and upside potential. Additional value lies in approximately 5,000 SF of unused development rights, providing future expansion or transfer opportunities.
Downtown Flushing boasts a residential density of 50,000 persons per square mile and generates over $1.34 billion annually in retail sales, reinforcing strong demand for banking and retail services. This property combines institutional credit, prime location, and long-term cash flow—making it a premier choice for investors seeking security and growth in one of NYC’s most dynamic submarkets.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
17,042 SF
Building Class
B
Year Built/Renovated
1930/2026
Tenancy
Single
Building Height
3 Stories
Building FAR
3.66
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
C4-3 - Regional commercial center located outside of the central business districts
Frontage
56’ on Main St
Property Taxes
| Parcel Number | 04980-0004 | Improvements Assessment | $3,077,370 |
| Land Assessment | $826,650 | Total Assessment | $3,904,020 |
Property Taxes
Parcel Number
04980-0004
Land Assessment
$826,650
Improvements Assessment
$3,077,370
Total Assessment
$3,904,020
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