Share This Listing

Message

966 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Executive Summary

Mehran Realty Group is pleased to exclusively offer for sale 36-48 Main Street, a rare opportunity to acquire a prominent commercial property located on Main Street in the heart of Downtown Flushing, one of New York City's most vibrant and rapidly expanding business districts. Positioned within the core of Flushing's central business district, the property benefits from unparalleled pedestrian traffic, exceptional visibility, and immediate access to mass transit, including the Flushing-Main Street subway station, Long Island Railroad, and numerous bus routes. The property presents a unique dual-purpose opportunity for both investors and developers. Ownership has the ability to deliver the property vacant upon expiration of existing tenancies in March 2027, allowing a purchaser to pursue a redevelopment strategy, owner-user occupancy, repositioning, or a complete re-tenanting of the asset. As available development sites along Main Street become increasingly scarce, this offering provides a rare opportunity to control a substantial footprint within one of the most supply-constrained commercial markets in New York City. Downtown Flushing continues to attract significant investment driven by strong demographics, continued residential growth, expanding office and medical sectors, and one of the most active retail corridors in the country. The property's strategic location places it among national retailers, major mixed-use developments, educational institutions, and a dense residential population that continues to fuel demand for commercial space.
* Prime Main Street location in the center of Downtown Flushing
* Ability to deliver the property vacant as of March 2027
* Exceptional redevelopment, repositioning, or owner-user opportunity
* Significant frontage and visibility along one of New York City's busiest commercial corridors
* Transit-oriented location with immediate access to subway, LIRR, and bus transportation
* Strong underlying land value in a highly supply-constrained market
* Surrounded by ongoing residential, commercial, and mixed-use development
* Rare opportunity to acquire a generational asset with both current income and future development potential
Whether pursuing a long-term investment strategy, redevelopment project, mixed-use conversion, or flagship commercial use, 36-48 Main Street offers investors and developers the ability to capitalize on the continued growth and transformation of Downtown Flushing.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,600 SF
Building Class
C
Year Built
1931
Price
$15,326,604 CAD
Price Per SF
$4,257.39 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.03
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
C4-2 - Regional commercial center located outside of the central business districts
Frontage
27’ on Main St

Amenities

  • Bus Line
  • Metro/Subway

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 4,800 SF
  • Retail
  • -
  • Oct 2027

Situated in the heart of Downtown Flushing, 36-48 Main Street offers a rare opportunity to lease highly visible retail space in one of New York City’s most densely populated and commercially active neighborhoods. This property benefits from nonstop pedestrian and vehicular traffic, surrounded by national retailers, transit hubs, and cultural landmarks. Ideal for prime flagship retail, medical, or high-volume food and beverage operators looking to capitalize on prime Main Street Frontage (approx. 26 foot frontage.)

Space Size Space Use Position Available
1st Floor 4,800 SF Retail - Oct 2027

1st Floor

Size
4,800 SF
Space Use
Retail
Position
-
Available
Oct 2027

1st Floor

Size 4,800 SF
Space Use Retail
Position -
Available Oct 2027

Situated in the heart of Downtown Flushing, 36-48 Main Street offers a rare opportunity to lease highly visible retail space in one of New York City’s most densely populated and commercially active neighborhoods. This property benefits from nonstop pedestrian and vehicular traffic, surrounded by national retailers, transit hubs, and cultural landmarks. Ideal for prime flagship retail, medical, or high-volume food and beverage operators looking to capitalize on prime Main Street Frontage (approx. 26 foot frontage.)

Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Nearby Major Retailers

Orangetheory Fitness
Goldfish Swim School
Starbucks
99 Ranch Market
Chase Bank
East West Bank
Bank of America
HSBC
Flushing Bank
TD Bank

Property Taxes

Property Taxes

Parcel Number
04971-0054
Land Assessment
$667,346 CAD
Improvements Assessment
$92,102 CAD
Total Assessment
$759,447 CAD
  • Listing ID: 41098108

  • Date on Market: 2026-06-29

  • Last Updated:

  • Address: 3648 Main St, Flushing, NY 11354

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}