Apartments Condo For Sale • 4,030 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit C101 | Retail | 4,030 SF | $7,580,000 USD | |
DescriptionGREVG has been retained on an exclusive basis to represent the sale of all commercial units located in 136-20 Maple Avenue (NuSun Tower). NuSun Tower is a brand-new luxury mix-use building located in Downtown Flushing and surrounded with many Banks, restaurants, Supermarkets, retail stores and high dense of populations. This building has 113 residential units and 29 commercial units. Seeking Retail Space owners or investors Sale NotesPremier ground-floor commercial retail condo opportunity located at NuSun Tower in the heart of Downtown Flushing, immediately off Main Street and near Great Wall Supermarket. This high-visibility commercial space offers approximately 4,030 gross SF and benefits from strong surrounding foot traffic, dense residential and commercial activity, and a built-in customer base in one of Flushing’s busiest business corridors. The sale includes existing leases with stable tenants, providing immediate income, along with vacant spaces that offer additional upside. Units A and B are occupied with long-term leases in place. With approx. 3000sqft are currently vacant and available for lease at $15,000 per month, offering flexibility for an owner-user or additional rental income. Projected net income 5.5% CAP. The space is suitable for a variety of commercial uses, including retail, restaurant, medical, urgent care, or professional office use, subject to verification and approval. Each unit has a separate electric meter, with common area expenses shared among occupants. This asset presents a rare opportunity to acquire a flexible ground-floor retail condo in Downtown Flushing’s core commercial district, offering existing income, vacant upside, low current tax exposure, and long-term value in a prime location. |
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Premier ground-floor commercial retail condo opportunity located at NuSun Tower in the heart of Downtown Flushing, immediately off Main Street and near Great Wall Supermarket. This high-visibility commercial space offers approximately 4,030 gross SF and benefits from strong surrounding foot traffic, dense residential and commercial activity, and a built-in customer base in one of Flushing’s busiest business corridors. The sale includes existing leases with stable tenants, providing immediate income, along with vacant spaces that offer additional upside. Units A and B are occupied with long-term leases in place. With approx. 3000sqft are currently vacant and available for lease at $15,000 per month, offering flexibility for an owner-user or additional rental income. Projected net income 5.5% CAP. The space is suitable for a variety of commercial uses, including retail, restaurant, medical, urgent care, or professional office use, subject to verification and approval. Each unit has a separate electric meter, with common area expenses shared among occupants. This asset presents a rare opportunity to acquire a flexible ground-floor retail condo in Downtown Flushing’s core commercial district, offering existing income, vacant upside, low current tax exposure, and long-term value in a prime location.
| High-Visibility Ground-Floor Retail Space |
| Projected net income 5.5% CAP |
| Offering flexibility for an owner-user or additional rental income |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Flushing-Main Street Station (Port Washington Branch - Long Island Rail Road) | 1 min | 8 min | 0.4 mi |
| Murray Hill Station (Port Washington Branch - Long Island Rail Road) | 3 min | 20 min | 1.1 mi |
| Transit/Subway | Drive | Walk | Distance |
| Flushing-Main Street (7 - New York MTA Subway (The Subway)) | 2 min | 8 min | 0.4 mi |
| Airport | Drive | Walk | Distance |
| LaGuardia | 10 min | - | 4.1 mi |
| John F Kennedy International | 15 min | - | 10.2 mi |
| Newark Liberty International | 37 min | - | 24.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 105 |
| Type: | AttachedGarage |
| Included in Rent: | Yes |