44-01 Northern Boulevard — Lease in Queens, NY

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Queens, NY 11358

Description

Will divide Usable Lower Level can be combined with Spaces C or D Vertical transportation can be installed if required Amenity-type tenants desired Cooking uses considered

Market Context

This retail in Queens, NY is listed for lease. It has been on the market for 55 days. Compare it against other retail listings for lease in Queens, NY — view the full market.

As of Q1 2026, the New York City Area retail market showed a 4.2% vacancy rate, average asking rents near $54.00/SF/yr, and cap rates around 6.2%.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in New York City Area?
About 6.2% as of Q1 2026.
Is the New York City Area retail market tightening or softening?
Vacancy is around 4.2% (Q1 2026).

Estimated Market Rate

$2.75/SF/mo – $3.71/SF/mo

Mid: $3.23/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

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