71-43/55 Yellowstone Boulevard #71-43 45 47 49, Forest Hills, NY 11375
COMMERCIAL - Other - Forest Hills, NY
- Added:
- Mar 30, 2026
- Days on Market:
- 96
- Last Refresh:
- Jul 3 at 5:06 am
Property Features for 71-43/55 Yellowstone Boulevard #71-43 45 47 49
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 6
- Rooms
- Bathroom 3, Bathroom 1, Bathroom 6, Bathroom 5, Bathroom 4, Bathroom 2
- Standard status
- Active Under Contract
- Size
- 6,255 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Annual Amount
- 68997
Utilities
- Water source
- Public
Building Details
- Year built
- 1951
- Floors in Building
- 1
- Building materials
- Masonite, Brick
- Architectural style
- Other
Listing agent Chung Ill Rhee (718) 961-8801
Listing office HANMI REALTY 37 17 UNION ST, FLUSHING, NY (718) 961-8801
Listing date Mar 30, 2026
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully occupied 6‑unit shopping plaza (~6,255 SF) on a brick corner lot near Forest Hills & Rego Park
- 100 ft frontage with strong street‑intersection foot and car traffic and sign visibility
- Five‑year net leases with long‑term, loyal tenants; current gross income ~$378k and yearly net income ~$288k (4.6% cap)
- Rear parking lot (~3,500 SF) for 11 cars plus storage access in the spacious cellars
- Lot size ~10,000 SF; development potential discussed up to ~20,000 SF (consult architect & attorney)
- Built in 1951; R4 zoning with C1‑2 commercial overlay; public water source
Overview
The property provides approximately 100 feet of frontage with sign visibility along Yellowstone Boulevard. Parking is available in a rear lot of approximately 3,500 square feet for 11 cars. The site is situated on a lot of approximately 0.2332 acres and is described as having frontage/sign visibility at a prominent street intersection. Zoning is listed as R4 with a C1-2 commercial overlay.
For buyers or operators seeking a stable, income-producing retail asset, the building is presented as currently generating approximately $378,000 in gross yearly rental income and about $288,000 in yearly net income, with listed yearly taxes of $68,997. The property materials also describe a development opportunity up to approximately 20,000 square feet, subject to consultation with an architect and attorney.
Current Use by Public Records
Similar Places Nearby
- Plaza 48 — 3460 48th St, Long Island City, NY 11101
- 二手车 — 43-40 Northern Blvd, Long Island City, NY 11101
- sun Beauty skincare body spa — Broadway, Woodside, NY 11377
- Omnilife Team Digital — 37-50 61st St, Queens, NY 11377
- Woodside Shopping Center — 51-10 Broadway, Queens, NY 11377
Location Insight
- Map
- Local Demand
- City
- Forest Hills
- County
- Queens
- State
- New York
- Longitude
- -73.854759
- Latitude
- 40.721272
