Queens County Real Estate Search

Queens County Commercial Properties for Sale

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Newest Queens County Commercial Properties for Sale

$6,700,000
1049406 MLS
An exceptional approximately 5,200 SF retail ground-floor commercial condominium is now available for sale at Union Center, located at 37-16 Union Street along one of Flushing’s busiest and most established commercial corridors. Surrounded by dense residential blocks and a steady flow of office workers, the property benefits from strong built-in traffic throughout the day. The commercial space is positioned directly beneath a brand-new Class A office condominium rising fifteen floors above, creating a strong daily customer base of professionals, medical practices, and service-oriented businesses. With a clean modern facade, strong street visibility, flexible layout, available parking, and the benefit of a tax abatement, the property is well suited for a wide range of business owners and owner-users, including pharmacy, medical, wellness, retail, café, showroom, professional service, or other commercial uses, subject to applicable approvals. The space also presents an attractive opportunity for investors seeking a well-positioned commercial asset in the heart of Flushing. Positioned at the center of Flushing’s residential density and daily traffic patterns, the property offers consistent exposure, strong neighborhood activity, and convenient access to public transportation, surrounding commercial amenities, and major roadways. A rare opportunity to own a substantial ground-floor commercial condominium in the heart of Flushing, ideal for both owner-users and investors seeking long-term value in a strong commercial location. Expected delivery in Q4 2026.

37-16 Union Street, Flushing

$780,000
1049037 MLS
Tucked into the heart of Long Island City, this fully renovated 1500-square-foot standalone building offers a rare opportunity to own — not lease — your commercial space. Exposed brick walls, wide-plank wood flooring, and a sleek updated kitchen create a warm, loft-like interior that's move-in ready for studio, office, tech workspace, while the M1-1 zoning and existing Lodge Room (P2) classification open the door to flexible as-of-right commercial uses including: Yoga/Meditation/Fitness studio and Private banquet/meeting hall, Creative production space, tech workspace, real estate office, contractor or design studio, restaurant, café, catering kitchen, non-profit meeting space, religious or fraternal clubs. High-Value Features: • Fully detached, single-story building on its own 1,324 sq. ft. lot with two floors • Renovated interior: exposed brick, engineered wood flooring, updated kitchen with stainless appliances • M1-1 zoning supports office, studio, eating/drinking, and recreation/assembly uses • Existing Lodge Room (P2) use — ideal foundation for a private event, meeting, or creative hall concept • Steps from Long Island City’s transit corridors and just over a mile to the nearest police precinct • Low Taxes Whether you're an owner-operator seeking a distinctive home base or an investor eyeing a flexible-use asset with upside, this property rewards a closer look. Schedule your private tour today — before this one-of-a-kind space is gone. Please confirm with an architect or code consultant to confirm occupancy for your specific use.

5224 35th Street, Long Island City

$1,395,000
1048951 MLS
Exceptional value-add investment opportunity in the heart of Jackson Heights. This well-maintained five-family building, constructed in 1992, offers approximately 6,240 SF across four stories on a 25.42 x 100 lot, featuring renovated apartments, an updated lobby, and a newer roof and boiler (approximately five years old). The unit mix spans one-, two-, and three-bedroom layouts, and tenants pay their own gas, heat, and hot water, keeping owner expenses low. Current gross income of $142,020 supports a 4.7% cap rate at the asking price, with strong pro-forma upside to approximately 7.8% by bringing rents to market and capturing additional income from the lower level and on-site parking. Four parking spaces, including a two-car garage, are a rare and valuable amenity in this location. Located in a C2 commercial overlay zone, the ground floor offers flexibility for professional, medical, or office use, enhancing the property's long-term appeal. The building shows no open violations, and a survey is available. Set on a tree-lined street minutes from the 7 train, the 82nd Street and Roosevelt Avenue shopping corridor, restaurants, and parks, the location earns top walkability and transit ratings. Offered by a long-term absentee owner, this is a turnkey opportunity to acquire a well-located, income-producing asset with clear paths to increased revenue. Buyer to perform own due diligence regarding rents, unit configurations, and permitted uses.

35-57 86th Street, Jackson Heights

$1,789,000
1046355 MLS
Excellent investment opportunity in Elmhurst, Queens. This 5-unit multifamily property offers approximately 3,630 SF of building area on a 2,200 SF lot and features a highly desirable unit mix with strong income and additional upside potential. The property consists of a front studio and rear one-bedroom apartment on the first floor, one spacious four-bedroom/two-bathroom apartment occupying the second floor, and two one-bedroom/one-bathroom apartments on the third floor. Current monthly rental income totals approximately $11,568, representing approximately $138,816 in annual scheduled rental income. Based on projected market rents, the property offers meaningful potential for future income growth. Current rents are: Studio $1,620/month; 1BR $2,150/month; 4BR/2BA $3,898/month; 1BR/1BA $2,300/month; and 1BR/1BA $1,600/month. Additional property features include a private garage and driveway, rear yard, and multiple balconies. The second-floor apartment features front and rear balconies, while the third-floor apartments have access to front and rear balconies respectively. Convenient Elmhurst location with excellent access to transportation, shopping, restaurants, and major Queens thoroughfares. The property is located near the Woodhaven Boulevard/Queens Boulevard subway station with access to the M and R trains. Offered at $1,789,000, this property presents an opportunity for investors seeking an income-producing multifamily asset in a high-demand Queens location. Based on projected market rents of approximately $180,600 annually and estimated operating expenses, the property may offer a potential pro forma cap rate of approximately 7% at the asking price. Projections are provided for investment analysis purposes only and are not a representation or guarantee of future income or expenses. Property information, legal use, zoning, unit configuration, rent regulatory status, income, expenses, square footage, and all other information should be independently verified by the purchaser and purchaser's representatives. Do not disturb tenants. Showings by confirmed appointment only.

86-20 57th Road, Elmhurst

$2,995,000
1045361 MLS
Presenting a rare opportunity to acquire a newly constructed eight-family multifamily property in the heart of Astoria, ideally situated just off 30th Avenue and 35th Street. The property consists of eight spacious one-bedroom, one-bathroom residences and offers an attractive combination of current income, operational efficiency, and meaningful future upside. The building was designed for long-term ownership with a streamlined, low-maintenance operating structure. It benefits from a valuable 15-year 421-a tax abatement in place through 2030, helping to significantly reduce real estate tax expenses and enhance current cash flow. Each apartment is separately metered, with tenants responsible for their own utilities, and all eight units are equipped with brand-new individual hot water tanks. A significant component of the investment opportunity is the property's rental upside. Current rents provide stable in-place income, while offering the potential for future rent growth and increased gross revenue as leases turn over and rents are adjusted where legally permitted. This creates an opportunity for a new owner to improve the property's income profile over time while benefiting from the existing tax abatement and efficient operating structure. Located in one of Queens' most desirable and established residential neighborhoods, the property is moments from the restaurants, cafés, shopping, nightlife, and conveniences that have made Astoria one of New York City's most sought-after rental markets. Convenient transportation provides easy access to Manhattan and further supports long-term tenant demand. With modern construction, eight income-producing units, low operating requirements, rental upside, favorable tax treatment, and a prime Astoria location, this property represents a compelling opportunity for an investor seeking both immediate cash flow and long-term appreciation potential.

28-29 35th Street, Astoria

$1,798,000
1041494 MLS
Prime Fully Occupied Mixed-Use Investment Opportunity | Richmond Hill Presenting a rare opportunity to acquire a fully occupied, income-generating mixed-use building in the heart of Richmond Hill's vibrant Jamaica Avenue commercial corridor. Located at 102-28 Jamaica Avenue, this modern asset was built in 2007 with a durable fireproof concrete, brick, and steel construction, offering investors immediate income and long-term investment potential. The building encompasses approximately 6,270 square feet of interior space and features a well-balanced mix of commercial and residential uses. The ground floor offers approximately 2,040 square feet and is occupied by a medical office, benefiting from excellent visibility and exposure along Jamaica Avenue. A fully finished approximately 2,040-square-foot basement provides additional usable space and includes a dedicated utility area. The residential component consists of four approximately 500-square-foot one-bedroom apartments, creating multiple income streams within one well-maintained asset. The apartments feature independent heating and boiler systems, helping reduce common utility responsibilities and supporting efficient property operations. The property's exceptional transportation access—just moments from the J and Z subway lines and the Q56 bus route—supports strong accessibility for both commercial and residential occupants. Surrounded by established businesses, services, and daily commuter activity, the location offers the fundamentals investors seek for sustained demand. Modern infrastructure includes an advanced sprinkler system, while the relatively recent construction provides a compelling alternative to older mixed-use inventory. With approximately 6,270 square feet of interior space and an offering price representing approximately $287 per square foot, this property presents an attractive value proposition for investors seeking a fully occupied, income-producing mixed-use asset with immediate cash flow and long-term upside. A compelling opportunity to add a modern, income-generating Richmond Hill property to your investment portfolio.

10228 Jamaica Avenue, Richmond Hill

$4,690,000
1043934 MLS
Prime commercial property located directly on the bustling Roosevelt Avenue corridor in Jackson Heights, one of Queens’ most active and established commercial districts. Offering approximately 4,535 SF across three stories on an approximately 20' × 100' lot, the building is configured into multiple separate spaces, creating flexibility for multi-tenant occupancy and potential rental income. The property is well suited for investors seeking an income-producing asset or owner-users looking to occupy part of the building while maintaining additional rental space. Positioned along a high-visibility commercial corridor surrounded by restaurants, retail stores, professional services, and neighborhood businesses, the property benefits from consistent pedestrian and vehicular activity throughout the area. Its Roosevelt Avenue frontage provides strong exposure in a densely populated and highly active neighborhood. Excellent transportation access further enhances the location, with the 82nd Street 7 train station approximately 0.1 mile away and the Jackson Heights–Roosevelt Avenue transit hub nearby, providing access to the E, F, M, R, and 7 subway lines. Convenient access to buses and major Queens roadways adds additional connectivity. A compelling opportunity to acquire a multi-story commercial property in the heart of the Roosevelt Avenue business corridor, combining strong visibility, substantial building area, convenient transportation, and long-term investment potential.

79-20 Roosevelt Avenue, Jackson Heights

$1,190,000
1043752 MLS
Excellent mixed-use investment opportunity located the busy Jamaica Avenue in the heart of Richmond Hill. This property features a ground-floor restaurant with basement space and two residential apartments on the second floor, offering multiple income streams and approximately $83,000 in annual gross income. The property sits on an approximately 19 x 81 lot with a building size of approximately 19 x 65 and is zoned R6A / C2-4. The ground floor and basement are currently occupied by a restaurant paying $3,530 per month. The commercial tenant is also responsible for the entire building’s real estate taxes and water charges. The current lease is approaching expiration, providing the new owner with flexibility to negotiate a renewal or explore other leasing opportunities. The second floor consists of two residential units: * Front Unit: 2 bedrooms, living room, 1 bathroom — $1,550/month * Rear Unit: 1 bedroom, living room, 1 bathroom — $1,750/month Residential tenants pay their own electricity and gas. The residential units may be delivered vacant, offering additional flexibility for the new owner. Annual real estate taxes are approximately $6,645, currently paid by the commercial tenant. Located directly on Jamaica Avenue with strong visibility and convenient access to neighborhood shopping, dining, and transportation. Opportunity for investors seeking a mixed-use property with established income, low owner expenses, and future leasing flexibility in a prime Queens commercial location.

12404 Jamaica Avenue, Richmond Hill

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.