Six-Unit Shopping
For Sale
$6,200,000
Pending
71-43/55 Yellowstone Boulevard #71-43 45 47 49, Forest Hills, NY 11375
COMMERCIAL - Other - Forest Hills, NY
Property Size6,255 SF
Lot Size0.23 Acres
Days on Market132
Property Features for 71-43/55 Yellowstone Boulevard #71-43 45 47 49
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
6
Half bathrooms
6
Rooms
Bathroom 6, Bathroom 5, Bathroom 2, Bathroom 1, Bathroom 4, Bathroom 3
Subdivision
Rego Park & Forest HIlls
Standard status
Pending
APN
03190-0001
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 Agency:
HANMI REALTY
(718) 961-8801
Listed By:
Chung Ill Rhee
(718) 961-8801
Added: Mar 30
Changed: Aug 5
Last Checked: Aug 8 at 9:06PM
MLS# 11686595
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.
Investment Insights
Based on property information with market context.
This one-story shopping center contains six occupied storefronts totaling 6,255 square feet, with additional storage access in the cellars. The brick and Masonite building dates to 1951 and includes a mix of retail, food, service, and instructional operators. Tenants are reported on five-year net leases and pay taxes and utilities. The property carries R4 zoning with a C1-2 commercial overlay and has public water service.
The corner site is positioned along Yellowstone Boulevard in Forest Hills, with 100 feet of frontage and sign visibility at the intersection. A rear parking area measures approximately 3,500 square feet and accommodates 11 cars within the approximately 10k-square-foot lot. The property is near multiple bus routes, Forest Hills LIRR, Queens Boulevard subway service, and major parkways. Tenant access should be coordinated in advance.
The corner site is positioned along Yellowstone Boulevard in Forest Hills, with 100 feet of frontage and sign visibility at the intersection. A rear parking area measures approximately 3,500 square feet and accommodates 11 cars within the approximately 10k-square-foot lot. The property is near multiple bus routes, Forest Hills LIRR, Queens Boulevard subway service, and major parkways. Tenant access should be coordinated in advance.
Key Highlights
- 6,255‑square‑foot, six‑storefront shopping center
- 100 feet of frontage with corner positioning and sign visibility
- Fully occupied tenants on five‑year net leases paying taxes and utilities
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,733
Businesses Nearby
650k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 31%
Superstores 18%
Home Improvements & Furnishings 14%
Dining 12%
BJ's Wholesale Club
Superstores
119,525 visits/mo
0.5 miles
The Home Depot
Home Improvements & Furnishings
93,325 visits/mo
0.3 miles
H Mart
Groceries
69,262 visits/mo
0.4 miles
Marshalls
Apparel
66,127 visits/mo
0.4 miles
Michaels
Shops & Services
48,052 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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- Rego Center Mall - Lot #24 — 96-5 Queens Blvd, Rego Park, NY 11374
- Condicioner — Address is, 92-63 Queens Blvd, Rego Park, NY 11374, United States
- Angels Consultant Services Inc. — 1145, 95-20 63rd Rd, Rego Park, NY 11374
- Wired Shops — 95-22 63rd Rd Suite 422, Rego Park, NY 11374
- Rego Park Plaza — 96-18, 96-32 Queens Blvd, Flushing, NY 11375
Frequently Asked Questions
What type of property is this?
Shopping center - Brick corner retail property with full occupancy, net-leased storefronts, cellar storage, and on-site parking.
Where is this shopping center located?
The property is located at 71-43/55 Yellowstone Boulevard #71-43 45 47 49 Forest Hills, NY.
What is the asking price?
The asking price for this property is $6,200,000.
What are key features of this property?
This property features: 6,255‑square‑foot, six‑storefront shopping center; 100 feet of frontage with corner positioning and sign visibility; Fully occupied tenants on five‑year net leases paying taxes and utilities
