Street-Level Dental Office
6940 Yellowstone Boulevard Forest Hills, NY 11375
New
For Sale
$388,000
COMMERCIAL - Forest Hills, NY
Property Size1,326 SF
Price / SF$292.61
Days on Market3
Property Features for 6940 Yellowstone Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Basement
Full
Standard status
Active
APN
02141-0001-06940-000-0000910
Taxes and HOA fees
Tax Year
2026
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Water source
Public
Building Details
Building materials
Brick
Listing Agency:
Mitra Hakimi Realty Group LLC
(718) 268-5588
Listed By:
Etan Hakimi
(718) 268-5588
Added: Jul 28
Last Checked: Jul 30 at 2:06AM
MLS# 1031137
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is a combined street-level commercial co-op comprising Units #9 and #10, currently configured and operating as a dental office. The layout offers a welcoming reception and sitting area, multiple treatment or consultation rooms, private offices, utility space, and abundant storage with numerous closets. Two bathrooms are included, along with a flexible floor plan suitable for owner-users and investors seeking a professional suite for healthcare or related uses.
The suite has its own private street-level entrance, providing direct accessibility for patients and clients. It is positioned near the Austin Street shopping and dining district. Forest Hills Stadium and Forest Park are also nearby, and commuting is supported by the Forest Hills-71 Av subway station and the Forest Hills LIRR station being within walking distance, along with nearby bus service including the Q23 and express buses to Midtown.
Monthly maintenance is listed at $2,736.
The suite has its own private street-level entrance, providing direct accessibility for patients and clients. It is positioned near the Austin Street shopping and dining district. Forest Hills Stadium and Forest Park are also nearby, and commuting is supported by the Forest Hills-71 Av subway station and the Forest Hills LIRR station being within walking distance, along with nearby bus service including the Q23 and express buses to Midtown.
Monthly maintenance is listed at $2,736.
Key Highlights
- Combined street‑level commercial co‑op (Units #9 & #10) operating as a dental office with approx. 1,326 SF
- Private street‑level entrance for the suite, with reception/sitting area and multiple treatment or consultation rooms
- Includes private offices, utility space, abundant storage, and numerous closets
Financial Insights For Healthcare Medical
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 | $55.7k | $42.00 |
| − Vacancy | −$4.7k | −$3.57 |
| EGI | $51.0k | $38.43 |
| − OpEx | −$20.4k | −$15.37 |
| NOI | $30.6k | $23.06 |
1,326 SF · lease $42.00/SF/yr · vacancy 8.50% · expense 40.00%
Alternative Uses
Best Use
Office B
$623.7K
$545.7K – $727.6K
NOI $43,657 @ 7.0% cap · market cap 11.25%
Second Best
Healthcare Medical
$436.8K
$382.2K – $509.6K
NOI $30,575 @ 7.0% cap · market cap 7.88%
Theoretical Best
Office A
$977.5K
$855.4K – $1.14M
NOI $68,428 @ 7.0% cap · market cap 17.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Medical center - Combined co-op suite with private street-level entrance, reception, multiple rooms, and two bathrooms, currently operating as a dental office.
Where is this medical center located?
The property is located at 6940 Yellowstone Boulevard Forest Hills, NY.
What is the asking price?
The asking price for this property is $388,000.
What are key features of this property?
This property features: Combined street‑level commercial co‑op (Units #9 & #10) operating as a dental office with approx. 1,326 SF; Private street‑level entrance for the suite, with reception/sitting area and multiple treatment or consultation rooms; Includes private offices, utility space, abundant storage, and numerous closets
