

Listed by B Square Realty
$7,580,000
136-18 Maple Avenue C101
Details
APN 05135-1414
Property Type Retail
Sub Type Storefront, Pharmacy/Drug
Square Footage 4,030
Cap Rate 5.50%
NOI $420,000
Occupancy 25%
Tenancy Multi
Lease Type NNN
Year Built 2020
Zoning C1-2/R6
Prime ground-floor retail condo at NuSun Tower in Downtown Flushing near Main Street and Great Wall
Marketing description
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.
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Listed by B Square Realty
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Loan Amount
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Annual Debt Service
$--
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Annual Cash Flow
$420,000.00
$35,000.00/mo
Valuation Metrics
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DSCR
5.54%
Cap Rate
5.54%
ROI
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