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28370280
28370281

42-35 Main St, Flushing, NY 11355

JW
NY 31WI0559278
Metro Commercial & Business Brokers, Inc.
Listed by Metro Commercial & Business Brokers, Inc.
$54,000,000
230 days on market
Updated 119 days ago

Acadia 42-35 Main Street

Details
Property Type Retail
Sub Type Storefront
Cap Rate 5.72%
NOI $3,088,000
Occupancy 98%
Zoning C1-2/R6
Investment Type Stabilized
Ownership Condo

Retail | 5.72% CAP

Marketing description

Commercial Condominium

Street Level Retail: 24,426 SF

Cellar Level Retail 15,315 SF

Two Sub Cellar Parking Garage: 66,690 SF for 278 Cars

Investment highlights

**EXCLUSIVE INVESTMENT OPPORTUNITY** at 42-35 Main Street, Flushing offers prime commercial space for sale. Boasting a total of 39,740 SF of street-level and cellar retail, along with a two-level cellar parking garage spanning 66,690 SF with 278 parking spaces, this property presents a lucrative income potential. With a Gross Income of $4,743,777 and a Net Operating Income of $2,712,837, this commercial condominium is a solid investment. Situated in a sought-after area of Flushing, Queens County, NY, the property is in a bustling location with high foot traffic, making it ideal for businesses. The property is zoned C1-2 with a C/O Retail Use Group, offering versatile usage options. Whether you're looking to expand your commercial portfolio or seeking an income-generating asset, this Flushing Asset presents an enticing opportunity. Don't miss out on owning a piece of this vibrant business district – schedule a viewing today!

Listing Contacts

JW
NY 31WI0559278
Metro Commercial & Business Brokers, Inc.
Listed by Metro Commercial & Business Brokers, Inc.

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$3,088,000.00
$257,333.33/mo

Valuation Metrics

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DSCR
5.72%
Cap Rate
5.72%
ROI

Map

Zoning

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R6 ResidentialMulti FamilyGeneral Residence
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View all 99 uses
View all 99 uses
Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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