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Sublease Highlights

  • Premium Turn-key Opportunity
  • Heavy Foot Traffic
  • Fully Established Dessert Shop
  • Downtown Flushing, Tangram Mall

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 1,800 SF
  • Mar 2034
  • $138.95 CAD/SF/YR $11.58 CAD/SF/MO $250,114 CAD/YR $20,843 CAD/MO
  • Modified Gross
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

This fully established, beautifully maintained specialty dessert shop offers a premium turn-key opportunity in the vibrant heart of downtown Flushing. Located directly next to the high-traffic Tangram Mall, the meticulously designed boutique space pairs elegant aesthetics with high-end, artisan appeal. Highly visible and fully equipped, this operational gem allows a new owner to seamlessly take over the current successful concept or instantly launch a brand-new food venture in a prime retail location. Approximately 1800sqft store front space and 1000sqft basement available for rent. Everything is negotiatable.

  • Sublease space available from current tenant
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air and Heating
  • Private Restrooms
  • High Ceilings
  • Basement
  • Smoke Detector
  • Premium Turn-key Opportunity
  • Fully Established Dessert Shop
  • Heavy Foot Traffic
  • Downtown Flushing, Tangram Mall
Space Size Term Rental Rate Rent Type
1st Floor 1,800 SF Mar 2034 $138.95 CAD/SF/YR $11.58 CAD/SF/MO $250,114 CAD/YR $20,843 CAD/MO Modified Gross

1st Floor

Size
1,800 SF
Term
Mar 2034
Rental Rate
$138.95 CAD/SF/YR $11.58 CAD/SF/MO $250,114 CAD/YR $20,843 CAD/MO
Rent Type
Modified Gross
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

This fully established, beautifully maintained specialty dessert shop offers a premium turn-key opportunity in the vibrant heart of downtown Flushing. Located directly next to the high-traffic Tangram Mall, the meticulously designed boutique space pairs elegant aesthetics with high-end, artisan appeal. Highly visible and fully equipped, this operational gem allows a new owner to seamlessly take over the current successful concept or instantly launch a brand-new food venture in a prime retail location. Approximately 1800sqft store front space and 1000sqft basement available for rent. Everything is negotiatable.

  • Sublease space available from current tenant
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air and Heating
  • Private Restrooms
  • High Ceilings
  • Basement
  • Smoke Detector
  • Premium Turn-key Opportunity
  • Fully Established Dessert Shop
  • Heavy Foot Traffic
  • Downtown Flushing, Tangram Mall

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at 133-40 37th Ave, Flushing, NY 11354

  • Tenant
  • Description
  • US Locations
  • Reach
  • ABC Health Service
  • Health Care
  • 1
  • -
  • Shaolin Kung Fu Center
  • Educational Services
  • 1
  • -
Tenant Description US Locations Reach
ABC Health Service Health Care 1 -
Shaolin Kung Fu Center Educational Services 1 -

Property Facts

Total Space Available 1,800 SF
Property Type Retail
Property Subtype Storefront Retail/Residential
Gross Leasable Area 4,944 SF
Year Built 2004

About the Property

This fully established, beautifully maintained specialty dessert shop offers a premium turn-key opportunity in the vibrant heart of downtown Flushing. Located directly next to the high-traffic Tangram Mall, the meticulously designed boutique space pairs elegant aesthetics with high-end, artisan appeal. Highly visible and fully equipped, this operational gem allows a new owner to seamlessly take over the current successful concept or instantly launch a brand-new food venture in a prime retail location. Approximately 1800sqft store front space and 1000sqft basement available for rent. Everything is negotiatable.

  • Security System
  • Signage
  • Air Conditioning
  • Smoke Detector
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Nearby Major Retailers

Goldfish Swim School
99 Ranch Market
Chase Bank
East West Bank
Bank of America
Banco Santander
Flushing Bank
Citi
Td Bank
Gyu-Kaku Japanese BBQ
  • Listing ID: 41737772

  • Date on Market: 2026-08-13

  • Last Updated:

  • Address: 133-40 37th Ave, Flushing, NY 11354

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