NNN Retail
For Sale
Contact for pricing
Pending
106-20 70th Ave, Forest Hills, NY 11375
Condominium retail unit with an existing NNN lease and access to multiple transit options.
Property SizeContact for details
Days on Market143
Property Features for 106-20 70th Ave
General Information
Standard status
Pending
Property subtype
Retail, Office
Additional Details
Gross Income
$104,334
Utilities to Site
Yes
Building Details
Year Built
2015
Tenancy
Single
Listing Agency:
Asset Commercial Realty Group
Listed By:
Joe Mast · License #10401308321
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 31 at 4:27AM
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 Asset Commercial Realty Group
Investment Insights
Based on property information with market context.
This retail condominium at 106-20 70th Ave is part of a 2015-built property in Forest Hills, Queens. The unit is occupied by a current tenant under a lease extending through August 2025, with 3% annual increases and an NNN structure. The tenant reimburses taxes and common charges and pays all utilities.
The property is positioned near Forest Hills-71st Avenue [E,F,M,R] Train Station, the Forest Hills [LIRR] Train Station, and multiple [Q64] and [Q23] bus stations. It is also next to a residential development planned with 70+ units, within the Forest Hills and Forest Hills Gardens retail, office, and residential hub.
The property is positioned near Forest Hills-71st Avenue [E,F,M,R] Train Station, the Forest Hills [LIRR] Train Station, and multiple [Q64] and [Q23] bus stations. It is also next to a residential development planned with 70+ units, within the Forest Hills and Forest Hills Gardens retail, office, and residential hub.
Key Highlights
- Retail condominium constructed in 2015
- Current lease runs through August 2025
- NNN lease with 3% annual increases
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4,084
Businesses Nearby
176k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 41%
Shops & Services 35%
Dining 16%
Electronics 4%
Stop & Shop
Groceries
45,201 visits/mo
0.4 miles
Key Food
Groceries
16,993 visits/mo
0.1 miles
TD Bank
Shops & Services
15,742 visits/mo
0.1 miles
Speedway
Shops & Services
15,563 visits/mo
0.4 miles
Chase Bank
Shops & Services
10,079 visits/mo
0.2 miles
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 Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Condominium retail unit with an existing NNN lease and access to multiple transit options.
Where is this retail space located?
The property is located at 106-20 70th Ave Forest Hills, NY.
What are key features of this property?
This property features: Retail condominium constructed in 2015; Current lease runs through August 2025; NNN lease with 3% annual increases
