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158-15 Union Turnpike , 1A,1B,1D

Fresh Meadows, NY 11366
  • $5,990,000
  • STATUS: Active
  • ON SITE: 134 Days
  • MLS #: 893552
$5,990,000
  • 0
    BEDS
  • 0.49
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2018
County:
Area:

School Ratings & Info

Description

Presenting three retail storefront units (1A, 1B, 1D) totaling 15,308 SqFt in a young, well-maintained condo building. This offering includes 20 indoor parking spaces and is located on the ground floor, providing high visibility and excellent foot traffic in a prime Fresh Meadows location. Unit 1A is fully leased, while Units 1B and 1D are currently vacant, offering immediate occupancy potential or new leasing opportunities. With R5D zoning, these units allow for a variety of uses, including retail, office, community facility, and more, making it a versatile investment. With all three units leased, this property offers the potential for a cap rate of 10%+, providing strong returns and long-term growth in a high-demand area. Don’t miss out on this exceptional real estate opportunity! For more information or to schedule a tour, contact us today!

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2025-12-10T00:17:12.263.
www.selectyournexthome.com/homes/166335258
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158-15 Union Turnpike , 1A,1B,1D Fresh Meadows, NY 11366

  • Price: $5,990,000
  • Status: Active
  • On Site: 134 Days
  • MLS #: 893552
0
Beds
0
Baths
0
½ Baths
0.49
Acres
2018
Built
Neighborhood:
New York
County:
Queens
Area:
New York
Property Description
Presenting three retail storefront units (1A, 1B, 1D) totaling 15,308 SqFt in a young, well-maintained condo building. This offering includes 20 indoor parking spaces and is located on the ground floor, providing high visibility and excellent foot traffic in a prime Fresh Meadows location. Unit 1A is fully leased, while Units 1B and 1D are currently vacant, offering immediate occupancy potential or new leasing opportunities. With R5D zoning, these units allow for a variety of uses, including retail, office, community facility, and more, making it a versatile investment. With all three units leased, this property offers the potential for a cap rate of 10%+, providing strong returns and long-term growth in a high-demand area. Don’t miss out on this exceptional real estate opportunity! For more information or to schedule a tour, contact us today!
Exterior Features

Construction Materials Brick Cross Street Parsons Blvd Parking Features GarageGarage Door Opener Parking Total 20 Property Attached YN No Stories 1 Waterfront YN No

Interior Features

Basement YN No Cooling Ductless

Property Features

Annual Rental Income 336000 Building Area Total 15308 Building Features Bathrooms Business Type Community CenterMedicalProfessional ServiceProfessional/OfficeRestaurantRetail Heating Forced Air Listing Terms Contract Lot Size Area 21311 Net Operating Income 276561 Operating Expense 22373 Property Sub Type Retail Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 37066 Utilities Electricity ConnectedSewer ConnectedWater Connected Water Source Public Zoning R5DC1-3

Listing courtesy of Annie Hsu of Keller Williams Rlty Landmark: 718-475-2700
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2025-12-10T00:17:12.263.
 
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