New Listing - 05/22/2026
158-15 Union Turnpike, #1A, Fresh Meadows, NY, 11366
2018
Presenting Retail Condo Unit 1A in a modern mixed-use condominium building built in 2018, located in the heart of Fresh Meadows. This ground-floor commercial unit offers approximately 9,748 SqFt and benefits from excellent visibility, strong pedestrian traffic, and a highly desirable location. Previously leased at $28,000 per month on a triple-net (NNN) basis, this property presents an attractive investment opportunity with a cap rate approaching 9%. The property also benefits from a tax abatement in place through 2033, helping to reduce operating expenses and enhance overall returns. Zoned R5D, the space accommodates a wide range of permitted uses, including retail, office, medical, community facility, and more, providing flexibility for both investors and owner-users. Situated in a thriving neighborhood with strong demographics and convenient access to major roadways, public transportation, and nearby shopping destinations, this is a rare opportunity to acquire a substantial commercial condominium in one of Queens’ most sought-after markets. For more information or to schedule a private tour, contact us today.
Status:
Active
Type:
Commercial
Units:
1
Heating:
Electric
Cooling:
Electric
Parking:
10-car, Garage, Private
Est. Taxes:
$25,440
Construction
Brick
Utilities
Electricity Available, Sewer Available, Water Available
Elementary School:
Ps 154
Middle School:
Is 250 Robert F Kennedy Comm Ms (The
High School:
Contact Agent
School District:
Contact Agent
MLS #:
1003643
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Keller Williams Rlty Landmark 718-475-2700