Listing Agency: A&H Acquisitions Corp Show Phone

Listed By: Marcelo Klajnbart Show Phone

Source: Moodyscre

Added: Apr 12, 2024 Changed: Jul 6 Last Checked: Jul 21 at 6:43AM

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Investment Insights

Based on property information with market context.

This retail space is located in a prime retail corridor right off Queens Boulevard. The property offers 7,826 square feet of space. A notable co-tenant is Five Below.

Key Highlights

• Prime retail corridor location
• Located right off Queens Boulevard
• Amazing co‑tenant: Five Below

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Hotel & Motel Big Box & Wholesale Store Grocery & Convenience Store Food Market Barber Shop Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

5,172

Businesses Nearby

249k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 39% Dining 20% Apparel 13% Beauty & Spa 12%

Citibank Shops & Services

32,744 visits/mo 0.1 miles

Sephora Beauty & Spa

20,831 visits/mo 0.0 miles

Paris Baguette Dining

19,621 visits/mo 0.1 miles

TD Bank Shops & Services

16,948 visits/mo 0.1 miles

Key Food Groceries

15,703 visits/mo 0.2 miles

Market

Lease Benchmarks for Forest Hills, NY

$58.09 /SF/Yr

Avg Asking Price

$7.61–$113 /SF/Yr

Price Range

4,820 SF

Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space available in prime Forest Hills location.

Where is this retail space located?

The property is located at 107-16 71st Ave Forest Hills, NY.

What are key features of this property?

This property features: Prime retail corridor location; Located right off Queens Boulevard; Amazing co‑tenant: Five Below