3708 Main St

For Sale$38,000,000

3708 Main St, Flushing, NY 11354

  • Retail

3708 Main St, Flushing, NY 11354 - Retail Space

3708 Main St is located at 3708 Main St in the Downtown Flushing neighborhood, NY, Flushing, 11354. The Retail building was completed in 2000 and features a total of 24,328 Sqft.

There are 20 retail spaces for lease in the Downtown Flushing neighborhood, totaling 153,275 Sqft of available retail space. The retail space availability for the 11354 zip code is 180,848 Sqft, in 24 retail spaces. The average asking retail rent per sq. ft. in Downtown Flushing is $36.38/sqft/year.

In 2000, the same year 3708 Main St was built, 29 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Flushing, featuring 707,587 square feet of commercial space. At zip code level, there are 35 commercial properties, of which 11 are retail buildings over 50,000 square feet.

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Details

  • Sale Price $38,000,000
  • City Flushing
  • Neighborhood Downtown Flushing
  • Zip Code 11354
  • Market Queens
  • Property Type Retail
  • Property Size 24,328 Sqft
  • Lot Size 6,736 Sqft
  • Property Tenancy Multi-Tenant
  • Year Built 2000
  • Date Updated 14 Aug, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Description

RARE Large Commercial Building On Main St, diamond location! almost 7000 sqft LAND, 4 stories plus mezzanine and legal commercial basement! 14,000 SF Retail Space +10,700 SF Office Space, the current NOI is Over 1 Million / Yr. Rebuild IN 2000, STILL UNDER ICIP TAX ABATEMENT! All rent income below market! has huge potential to increase CAP to 5%+!!!! One of the rare opportunity to own a cash cow investor's favorite building on Main St!!!*All info deems accurate however need to verify by prospective buyers!*

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 3708 Main St?

3708 Main St totals 24,328 square feet.

When was this property built?

3708 Main St was built in 2000.

Downtown Flushing Demographics

The average household income in zip code 11354 is $63,564, from a total of 19,925 households. In terms of employment, there are 85.45 % white-collar and 14.55 % blue-collar jobs in zip code 11354.

Population

  • Total Population47,295
  • Male Population(47.3 %) 22,369
  • Female Population(52.7 %) 24,926
  • Median Age44.00

Income/Financial

  • Average Household Income$59,331
  • Median Household Income$41,646
  • Median Income Under 25$24,735
  • Median Income 25-44$45,882
  • Median Income 45-64$53,531
  • Median Income Over 65$23,541

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Barbie Li

B Square Realty

(646) 889-9988

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