Six-Unit Neighborhood Shopping
71-43/55 Yellowstone Boulevard #71-43 45 47 49 51 55, Forest Hills, NY 11375
For Sale
New
$6,200,000
A fully leased retail property with cellar storage, a rear parking area, and established neighborhood businesses.
Property Size6,255 SF
Lot Size0.23 Acres
Price / SF$991.21
Days on Market4
Property Features for 71-43/55 Yellowstone Boulevard #71-43 45 47 49 51 55
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Occupancy
Net Operating Income
Financials
Cap Rate
Gross Income
Site & Location
Frontage
Corner Location
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
6
Municipal
0.00
Building Details
Building Size
Year Built
Stories
Tenancy
Listing Agency:
Hanmi Realty
Listed By:
Chung Rhee
(646) 251-4448
Source:
Suitsre
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 13 at 8:00AM
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 Hanmi Realty
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Investment Insights
Based on property information with market context.
This one-story shopping center contains six retail units across 6,255 square feet, with additional storage in the cellars. The building, constructed in 1951, is fully occupied, and the tenants operate under five-year net leases. Occupants include a laundromat, restaurants, a martial arts school, and a cleaner. The property also includes a rear parking area and a lot of approximately 10,000 square feet.
At the Yellowstone Boulevard and Dartmouth Street address, the site has 100 feet of frontage and sits near multiple bus routes, the Forest Hills LIRR station, and subway service on the E, F, M, and R lines. Nearby destinations listed include Trader Joe’s, Target, Forest Hills Stadium, and Queens Public Library. The property is also described as accessible from Grand Central Parkway, Jackie Robinson Parkway, Van Wyck Expressway, and Metropolitan Avenue.
At the Yellowstone Boulevard and Dartmouth Street address, the site has 100 feet of frontage and sits near multiple bus routes, the Forest Hills LIRR station, and subway service on the E, F, M, and R lines. Nearby destinations listed include Trader Joe’s, Target, Forest Hills Stadium, and Queens Public Library. The property is also described as accessible from Grand Central Parkway, Jackie Robinson Parkway, Van Wyck Expressway, and Metropolitan Avenue.
Key Highlights
- Six retail units totaling 6,255 square feet
- Fully occupied with five‑year net leases
- Approximately 100 feet of frontage
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,243
Businesses Nearby
433k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Dining 23%
Home Improvements & Furnishings 22%
Office Supplies 5%
The Home Depot
Home Improvements & Furnishings
93,325 visits/mo
0.4 miles
Michaels
Shops & Services
48,052 visits/mo
0.3 miles
Dollar Tree
Shops & Services
46,718 visits/mo
0.3 miles
McDonald's
Dining
39,873 visits/mo
0.2 miles
Wendy's
Dining
32,028 visits/mo
0.4 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
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Frequently Asked Questions
What type of property is this?
Shopping center - A fully leased retail property with cellar storage, a rear parking area, and established neighborhood businesses.
Where is this shopping center located?
The property is located at 71-43/55 Yellowstone Boulevard #71-43 45 47 49 51 55 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: Six retail units totaling 6,255 square feet; Fully occupied with five‑year net leases; Approximately 100 feet of frontage
