Corona Retail for Lease - Northeast Queens
40-16 National Street presents 1,800 square feet of newly renovated, inline retail space, comprising two 900-square-foot storefronts, each with a full lower level. Delivered white box and ready for customization, the space features 12-foot ceilings, brand-new storefront systems with expansive display windows, private bathrooms, an opportunity for building signage, and new gas-operated HVAC systems ranging from 5 to 10 tons. The property is fully sprinklered and powered by 1,600 amp, 3-phase electrical service with individual meters, along with separate gas and water lines.
A full renovation completed in 2025 positions this asset as a modern commercial opportunity designed to support food, medical, retail, or service concepts seeking immediate occupancy.
Positioned just off Roosevelt Avenue and steps from the number 7 subway line, the property sits directly across from Corona Plaza, one of Queens’ most active pedestrian hubs. The plaza’s constant foot traffic, driven by transit riders, local residents, and visitors, creates a steady consumer demand. Neighboring national brands such as McDonald's, Burger King, Dunkin', Walgreens, Wendy's, and Pollo Campero reinforce the corridor’s established retail draw. The surrounding tenant mix includes a bar, a pediatrics office, clothing retailers, and supermarkets, creating a diversified business synergy. With nearly 2 million residents within a 5-mile radius and more than $20 billion in annual consumer spending, the site benefits from exceptional density and purchasing power.
Corona stands as one of Queens’ most vibrant and densely populated neighborhoods, characterized by strong transit connectivity, high walkability, and a deeply rooted local community. Adjacent to Corona Plaza and the Park of the Americas, the area fosters consistent daytime and evening activity, attracting families, commuters, and residents. Retailers and service operators in this corridor capitalize on visibility, impulse traffic, and repeat local patronage. 40-16 National Street offers a turnkey platform to establish a presence in a thriving commercial hub.