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40-16 National St 900 - 3,600 SF of Retail Space Available in Corona, NY 11368
Highlights
- 40-16 National Street offers 1,800 SF of newly renovated inline retail, delivered white box with full lower levels and immediate occupancy available.
- Steps from Corona Plaza, the Park of The Americas, and the 7 train, capturing nonstop foot traffic from commuters, families, and visitors daily.
- Renovated in 2025, the space features 12' ceilings, new storefront glass, 1,600-amp 3-phase power, gas HVAC, sprinklers, and signage potential.
- Inline with Wendy’s and steps to McDonald's, Burger King, Dunkin', and Walgreens, serves a dense trade area of 2 million and $20B in annual spending.
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 67 | 1,800 SF | 3-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste Store F | 900 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste Store G | 900 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 67
This fully renovated building features 10 stores, including two stores totaling 1,800 square feet, plus a basement. The basement includes an alley that provides two additional means of egress, resulting in a total of four exits. The building is designed with high ceilings, central air conditioning and heating, floor-to-ceiling windows, and a full sprinkler system.
- Busy Location
- Two Store Combination
- Large Basement
- Central AC & Heat
1st Floor, Ste Store F
There is an option to combine this unit with Space G, resulting in a total area of 1,800 square feet. The tenant will be responsible for paying 9% of the property taxes. Additionally, the space includes an extra lower-level area of approximately 800 square feet.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 1,800 SF of adjacent space
- Central Air and Heating
- High Ceilings
- Basement
1st Floor, Ste Store G
There is an option to combine this unit with Space F, resulting in a total area of 1,800 square feet. The tenant will be responsible for paying 9% of the property taxes. Additionally, the space includes an extra lower-level area of approximately 800 square feet.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 1,800 SF of adjacent space
- Central Air and Heating
- High Ceilings
- Basement
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Matterport 3D Tour
Property Facts
| Total Space Available | 3,600 SF | Property Subtype | Storefront |
| Max. Contiguous | 1,800 SF | Gross Leasable Area | 19,199 SF |
| Property Type | Retail | Year Built/Renovated | 1965/2025 |
| Total Space Available | 3,600 SF |
| Max. Contiguous | 1,800 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 19,199 SF |
| Year Built/Renovated | 1965/2025 |
About the Property
40-16 National Street presents 1,800 square feet of newly renovated, inline retail space, comprising two 900-square-foot storefronts, each with a full lower level. Delivered white box and ready for customization, the space features 12-foot ceilings, brand-new storefront systems with expansive display windows, private bathrooms, an opportunity for building signage, and new gas-operated HVAC systems ranging from 5 to 10 tons. The property is fully sprinklered and powered by 1,600 amp, 3-phase electrical service with individual meters, along with separate gas and water lines. A full renovation completed in 2025 positions this asset as a modern commercial opportunity designed to support food, medical, retail, or service concepts seeking immediate occupancy. Positioned just off Roosevelt Avenue and steps from the number 7 subway line, the property sits directly across from Corona Plaza, one of Queens’ most active pedestrian hubs. The plaza’s constant foot traffic, driven by transit riders, local residents, and visitors, creates a steady consumer demand. Neighboring national brands such as McDonald's, Burger King, Dunkin', Walgreens, Wendy's, and Pollo Campero reinforce the corridor’s established retail draw. The surrounding tenant mix includes a bar, a pediatrics office, clothing retailers, and supermarkets, creating a diversified business synergy. With nearly 2 million residents within a 5-mile radius and more than $20 billion in annual consumer spending, the site benefits from exceptional density and purchasing power. Corona stands as one of Queens’ most vibrant and densely populated neighborhoods, characterized by strong transit connectivity, high walkability, and a deeply rooted local community. Adjacent to Corona Plaza and the Park of the Americas, the area fosters consistent daytime and evening activity, attracting families, commuters, and residents. Retailers and service operators in this corridor capitalize on visibility, impulse traffic, and repeat local patronage. 40-16 National Street offers a turnkey platform to establish a presence in a thriving commercial hub.
- Signage
- Wheelchair Accessible
- Air Conditioning
Demographics
Demographics
Nearby Major Retailers
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40-16 National St
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