Retail Business for Lease in Queens, NY

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Queens, NY 11691
  • Size: 2,691 SF

Description

Community facility space for lease at the base of a newly constructed 92-unit residential building

Market Context

This retail in Queens, NY is listed for lease across 2,691 SF. It has been on the market for 21 days. Compare it against other retail listings for lease in Queens, NY — <a href="/search/lease/retail/new-york/queens">view the full market</a>.

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%. Source: Www.matthews.com Q1 2026 market report.

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, per Www.matthews.com.
Is the New York City Area retail market tightening or softening?
Vacancy is around 4.2% (Q1 2026).

Unified Estimate

Medium Confidence

$2.54/SF/mo – $3.44/SF/mo

Mid: $2.99/SF/mo

Total estimate for 2,691 SF: $8,046

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

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