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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.

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

Property Taxes

Parcel Number
04980-0004
Land Assessment
$826,650
Improvements Assessment
$3,077,370
Total Assessment
$3,904,020
  • Listing ID: 38829638

  • Date on Market: 12/19/2025

  • Last Updated:

  • Address: 3909 Main St, Flushing, NY 11354

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