Flushing, NY
Commercial Real Estate Market Trends & Data

$669 Avg asking sale price
$53 Avg asking lease rate
8,472 SF Avg unit lease size
12,109 SF Avg building size for sale
6.19% 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 $743 5,594 SF 9.39%
Forest Hills $500 7,104 SF 9.39%
Corona $988 3,765 SF 5.60%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Flushing $494 20,434 SF 7.57%
Jamaica Est $549 21,585 SF 4.62%
Nearby Retail Markets Avg Cost/SF Typical Size
Flushing $766 7,185 SF
Kew Gardens Hills $475 5,235 SF
Forest Hills $807 4,502 SF
Corona $971 10,003 SF
Fresh Meadows $611 3,878 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Flushing $542 12,683 SF 8.79%
Kew Gardens Hills $549 8,836 SF 6.22%
Forest Hills $381 7,059 SF 6.22%
Corona $543 10,064 SF 8.57%
Fresh Meadows $632 5,431 SF 5.00%

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

Union Center

Flushing, NY 11354

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

32-10 82nd St

Flushing, NY 11370

  • 3,900 SF Multifamily
  • $1,047,000
For Sale

150-15 Northern Blvd

Flushing, NY 11354

  • 5,097 SF Multifamily
  • $3,000,000
For Sale

22-14-22-16 120th St

College Point, NY 11356

  • 5,316 SF Multifamily
  • 6.30% Cap Rate
  • $1,299,999
For Sale

Block-Through Development Site

Elmhurst, NY 11373

  • 0.28 AC Lot
  • 1 Commercial Lot
  • $5,350,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Property Title Search
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Learn how to verify ownership, spot red flags, and protect your deal with a thorough property title search.
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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 $669 12,109 SF
Kew Gardens Hills $449 9,741 SF
Forest Hills $495 6,827 SF
Corona $811 9,045 SF
Fresh Meadows $624 20,205 SF

Multifamily Properties For Sale in Flushing

For Sale

150-15 Northern Blvd

Flushing, NY 11354

  • 5,097 SF Multifamily
  • $3,000,000
For Sale

144-45-144-47 37th Ave

Flushing, NY 11354

  • 12,660 SF Multifamily
  • 4.98% Cap Rate
  • $3,718,000
For Sale

132-18 57th Rd

Flushing, NY 11355

  • 5,280 SF Multifamily
  • 5.00% Cap Rate
  • $1,948,000
For Sale

122-15 25th Rd

Flushing, NY 11354

  • 14,565 SF Multifamily
  • $190,000
For Sale

Eastone Plaza

Flushing, NY 11354

  • 238,143 SF Multifamily
  • $1,799,700
For Sale

The Versailles Unit 1

Forest Hills, NY 11375

  • 111,750 SF Multifamily
  • $299,000
For Sale

4512 111th St

Corona, NY 11368

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

136-46 41st Ave

Flushing, NY 11355

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

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.

Nearby Market Trends