Flushing, NY
Commercial Real Estate Market Trends & Data

$681 Avg asking sale price
$401 Avg asking lease rate
13,523 SF Avg unit lease size
11,344 SF Avg building size for sale
6.14% Average cap rate

Flushing's Demographic Profile

Flushing has 398,565 households and a median income of $71,382, providing context for rent absorption and tenant demand across retail and multifamily assets. A -6% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 1,129,229
# Households 398,565
Median age 43
Median household income $71,382
Avg household size 3.0
Renter-occupied housing units 237,652
5-year population change -6%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Flushing, NY

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Flushing $754 5,856 SF 8.90%
Forest Hills $504 7,695 SF 8.90%
Corona $1,442 3,888 SF 5.60%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Flushing $504 22,851 SF 7.00%
Jamaica Est $339 21,585 SF 4.62%
Nearby Retail Markets Avg Cost/SF Typical Size
Flushing $771 6,913 SF
Kew Gardens Hills $475 5,235 SF
Forest Hills $817 4,502 SF
Corona $880 9,323 SF
Fresh Meadows $611 3,878 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Flushing $555 8,223 SF 8.57%
Kew Gardens Hills $423 9,866 SF 5.50%
Forest Hills $403 7,374 SF 4.11%
Corona $528 9,854 SF 8.57%
Fresh Meadows $487 6,655 SF 5.50%

Commercial Properties For Sale in Flushing

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Vacant Queens Industrial Opportunity

Woodside, NY 11377

  • 5,500 SF Industrial Building
  • Auction Sale
For Sale

55-44 97th Pl

Corona, NY 11368

  • 11,870 SF Multifamily
  • 6.98% Cap Rate
  • $4,500,000
For Sale

Union Center

Flushing, NY 11354

  • 133,000 SF Office Building
  • $945,000 - $2,370,000
For Sale

2516-2518 Francis Lewis Blvd

Flushing, NY

  • Office Building
  • $3,276,000
For Sale

The Pinnacle Condominium

Forest Hills, NY 11375

  • 468,546 SF Multifamily
  • $929.00
For Sale

96-01 Northern Blvd. Corona

Corona, NY 11368

  • 3,744 SF Retail Building
  • 6.98% Cap Rate
  • $4,299,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Flushing pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Flushing $681 11,344 SF
Kew Gardens Hills $478 10,604 SF
Forest Hills $516 6,563 SF
Corona $748 14,801 SF
Fresh Meadows $560 19,095 SF

Multifamily Properties For Sale in Flushing

For Sale

55-44 97th Pl

Corona, NY 11368

  • 11,870 SF Multifamily
  • 6.98% Cap Rate
  • $4,500,000
For Sale

4512 111th St

Corona, NY 11368

  • 4,999 SF Multifamily
  • 8.57% Cap Rate
  • $1,699,000
For Sale

10430 39th Ave

Corona, NY 11368

  • 6,250 SF Multifamily
  • 6.00% Cap Rate
  • $1,950,000
For Sale

136-46 41st Ave

Flushing, NY 11355

  • 41,574 SF Multifamily
  • $820,000 - $1,400,000
For Sale

41-01 69th Street

Woodside, NY 11377

  • 9,600 SF Multifamily
  • 4.38% Cap Rate
  • $2,799,000
For Sale

411 Himrod St. & 1719 Woodbine St. Sale

  • 6.50% Cap Rate
  • $2,695,000
For Sale

Ridgewood Mix Used

Ridgewood, NY 11385

  • 7,260 SF Multifamily
  • 6.62% Cap Rate
  • $3,500,000
For Sale

136-21 Latimer Pl

Flushing, NY 11354

  • 47,256 SF Multifamily
  • $504,600 - $790,200

Regional Demographic Comparison

This comparison places Flushing alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Flushing or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Flushing 1,129,229 398,565 43 $71,382 3 237,652 -6%
Kew Gardens Hills 42,635 15,046 39 $72,820 3 8,112 -4%
Forest Hills 79,865 35,353 46 $95,869 2 18,032 -2%
Corona 98,042 26,780 37 $62,247 4 22,167 -10%
Fresh Meadows 54,869 18,680 43 $76,377 3 10,392 -7%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Flushing, NY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Flushing

View All Commercial Real Estate For Sale in Flushing
Is Flushing a good market for a first-time commercial real estate investor?

Flushing offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Flushing?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Flushing. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Flushing?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Flushing. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Flushing compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Flushing. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Flushing acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Flushing, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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