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40-16 National Street, Corona For Lease 40-16 National St 900 - 1,800 sq ft of Retail Space Available in Corona, NY 11368

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HIGHLIGHTS

  • 12-foot ceiling height on the first floor with brand-new storefront systems
  • 1,600 AMP 3-phase electrical service with individual electric meters
  • 3-inch water main with separate sub-water meters
  • I-CAP tax abatement currently in process
  • 3-inch gas main and individual gas meters
  • Ten new gas-operated HVAC systems, ranging from 5 to 10 tons

SPACE AVAILABILITY (2)

Display Rent as

  • SPACE
  • SIZE
  • TERM
  • RATE
  • TYPE
  • 1st Floor, Ste Store F
  • 900 sq ft
  • Negotiable
  • Upon Application Upon Application Upon Application Upon Application
  • TBD
Space Use
Retail
Condition
Partial Fit-Out
Availability
Now

Tenant to pay 9% portion of taxes. Space includes an additional +/- 800 SF lower level space.

  • Partially Fit-Out as Standard Retail Unit
  • Located in-line with other retail
  • Central Air and Heating
  • High Ceilings
  • Basement
  • 1st Floor, Ste Store G
  • 900 sq ft
  • Negotiable
  • Upon Application Upon Application Upon Application Upon Application
  • TBD
Space Use
Retail
Condition
Partial Fit-Out
Availability
Now

Tenant to pay 9% portion of taxes. Space includes an additional +/- 800 SF lower level space.

  • Partially Fit-Out as Standard Retail Unit
  • Located in-line with other retail
  • Central Air and Heating
  • High Ceilings
  • Basement
Space Size Term Rate Type
1st Floor, Ste Store F 900 sq ft Negotiable Upon Application Upon Application Upon Application Upon Application TBD
1st Floor, Ste Store G 900 sq ft Negotiable Upon Application Upon Application Upon Application Upon Application TBD

1st Floor, Ste Store F

Size
900 sq ft
Term
Negotiable
Rate
Upon Application Upon Application Upon Application Upon Application
Type
TBD
Space Use
Retail
Condition
Partial Fit-Out
Availability
Now

Tenant to pay 9% portion of taxes. Space includes an additional +/- 800 SF lower level space.

  • Partially Fit-Out as Standard Retail Unit
  • Located in-line with other retail
  • Central Air and Heating
  • High Ceilings
  • Basement

1st Floor, Ste Store G

Size
900 sq ft
Term
Negotiable
Rate
Upon Application Upon Application Upon Application Upon Application
Type
TBD
Space Use
Retail
Condition
Partial Fit-Out
Availability
Now

Tenant to pay 9% portion of taxes. Space includes an additional +/- 800 SF lower level space.

  • Partially Fit-Out as Standard Retail Unit
  • Located in-line with other retail
  • Central Air and Heating
  • High Ceilings
  • Basement

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net (NNN) rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rent that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rent structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS

Total Space Available 1,800 sq ft
Property Type Retail
Property Subtype Shopfront
Net Internal Area (NIA) 22,500 sq ft
Year Built/Renovated 1965/2025

ABOUT THE PROPERTY

Located at 40-16 National Street, just off Roosevelt Avenue, this newly developed retail complex offers unmatched visibility and foot traffic. Situated steps from the #7 train and a bustling pedestrian plaza, this is an ideal location for businesses seeking high exposure. The property features ten brand-new commercial storefronts, with two units still available, each store is 900 sq ft. Each unit includes a full lower level in addition to the ground floor, providing ample space for operations or storage. Combined Total Space Available is 1,800 Sq Ft. The property is located across the street from a Busy Pedestrian Plaza (Corona Plaza), the #7 Train and Roosevelt Ave. The property is located next to McDonald's and Many Other Major Franchises. Call Don at 718-740-4222 or 917-359-9776 For More Details. Brokers Welcome, Immediate Occupancy Available.

  • Signage
  • Wheelchair Accessible
  • Air Conditioning
Walk Score®
Excellent pedestrian access (98)
Transit Score®
Excellent Public Transport (87)
Bike Score®
Good for cycling (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
189,008
850,026
1,942,939
4,031,219
2029 Population
174,033
797,613
1,816,286
3,829,611
2024-2029 Projected Population Growth
-7.9%
-6.2%
-6.5%
-5.0%
Median Age
38.2
42.1
39.9
39.7
College Degree + Higher
16%
31%
35%
25%
Daytime Employees
22,142
210,242
552,091
2,261,345
Total Businesses
3,259
28,864
74,905
258,526
Average Household Income
$78,175
$90,162
$97,863
$120,840
Median Household Income
$61,367
$67,240
$72,418
$86,904
Total Consumer Spending
$1.4B
$8.4B
$20.4B
$46.2B
2024 Households
54,698
301,074
714,752
1,585,714
Average Home Value
$634,079
$665,362
$705,646
$775,350
$ values in USD

NEARBY MAJOR RETAILERS

Chase
Flagstar
IHOP
Starbucks
Bank of America
Tex's Chicken & Burgers
Bravo Supermarkets
Planet Fitness
TD Bank
Key Food
  • Listing ID: 35330780

  • Date on Market: 01/04/2025

  • Last Updated:

  • Address: 40-16 National St, Corona, NY 11368

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