Street-Level Storefront
For Sale
$1,860,000
10230 Queens Boulevard Unit Retails, Forest Hills, NY 11375
Three commercial units support retail, beauty, office, showroom, fitness, education, and professional service uses.
Days on Market41
Property Features for 10230 Queens Boulevard Unit Retails
General Information
Standard status
Active
Property subtype
Retail
Building Details
Building Size
1,858 SF
Year Built
1991
Tenancy
Multi
Listing Agency:
Chase Global Realty Corp
(929) 326-0486
Listed By:
Min Jing Wang
Source:
Serhant
Added: Jun 23
Changed: Jul 31
Last Checked: Aug 1 at 11:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chase Global Realty Corp
Investment Insights
Based on property information with market context.
This for-sale storefront property includes three street-level commercial units that may be purchased individually or together as a package. Unit options include an approximately 248-square-foot barber and beauty service space, an approximately 1,095-square-foot retail space with an approximately 860-square-foot basement, and an approximately 515-square-foot retail storefront with an approximately 485-square-foot basement. The layouts support retail, beauty salon, nail salon, barber shop, office, showroom, fitness, education, community service, and other professional or service-oriented businesses.
The property is located at 102-30 Queens Boulevard in Forest Hills, along the Queens Boulevard commercial corridor. Nearby amenities include subway and bus access, shopping, supermarkets, banks, Trader Joe’s, Target, and other daily conveniences. The building was constructed in 1991.
The property is located at 102-30 Queens Boulevard in Forest Hills, along the Queens Boulevard commercial corridor. Nearby amenities include subway and bus access, shopping, supermarkets, banks, Trader Joe’s, Target, and other daily conveniences. The building was constructed in 1991.
Key Highlights
- Three street‑level commercial units available individually or as a package
- Approximately 248 SF barber and beauty service space
- Approximately 1,095 SF retail space with approximately 860 SF basement
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.6k | $50.40 |
| − Vacancy | −$12.1k | −$6.50 |
| EGI | $81.6k | $43.90 |
| − OpEx | −$20.4k | −$10.97 |
| NOI | $61.2k | $32.92 |
1,858 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$873.9K
$764.7K – $1.02M
NOI $61,172 @ 7.0% cap · market cap 3.29%
Second Best
Retail
$473.8K
$414.6K – $552.8K
NOI $33,165 @ 7.0% cap · market cap 1.78%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,882 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,472
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11375, NY
72,851
Population
35,415
Households
2.1
Avg Household Size
43
Median Age
61%
College-Educated
93%
High-School Grad
2.4 sq mi
ZIP Area
30,355
Density / Sq Mi
$104,319
Median Household Income
$75,149
Median Earnings
$2,126
Median Rent
$572,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Elegant Flowers & Gifts — 73-05 Yellowstone Blvd, Forest Hills, NY 11375
- Danas Flower Shop — 118-01 Queens Blvd, Forest Hills, NY 11375
- Anderson Florist — 11801 Queens Blvd, Flushing, NY 11375
- Studio Purple — 6 Burns St # 54, Queens, NY 11375
- Studio Arts Florist — 106-14 71st Ave, Forest Hills, NY 11375
Frequently Asked Questions
What type of property is this?
Storefront property - Three commercial units support retail, beauty, office, showroom, fitness, education, and professional service uses.
Where is this storefront property located?
The property is located at 10230 Queens Boulevard Unit Retails Forest Hills, NY.
What is the asking price?
The asking price for this property is $1,860,000.
What are key features of this property?
This property features: Three street‑level commercial units available individually or as a package; Approximately 248 SF barber and beauty service space; Approximately 1,095 SF retail space with approximately 860 SF basement
