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    Forest Hills Shopping Plaza Opportunity Title is generated by Realmo AI

    7143 Yellowstone Blvd, Flushing, NY 11375

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    For Sale
    $6,200,000

    Significant Current Net Income and Development Opportunity Forest Hills Shopping Plaza!

    Property size:
    6,255 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $991/SF
    Added:
    Apr 6, 2026
    Days on Market:
    48
    Last Refresh:
    Apr 8 at 3:35 pm

    Property Features for 7143 Yellowstone Blvd

    General Information

    Standard status
    Active
    Property type
    Grocery and convenience stores, Shopping centers, Conventional restaurants, Retail properties & Spaces, Restaurants
    Size
    6,255 SF
    Net Rentable
    6,255 SF
    Total Parking Spaces
    11
    Elevators
    No
    Lot size
    0.23 Acres
    Occupancy
    100%
    Net Operating Income
    $288,000

    Building Details

    Year Built
    1951
    Buildings
    1
    Stories
    1
    Units
    6

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    Listing Contact
    Jack Chung Rhee
    Jack Chung Rhee

    Listing agent Jack Chung

    Listing office

    Listing date Apr 6, 2026

    HighLights

    • Significant current net income and development fully occupied brick corner stores opportunity in the Forest hills and Rego park neighborhood up to 20k square feet!
    • Very good foot and car traffic with great street intersection, 100 feet of frontage and sign visibility next to QM12, QM42 amd Q23 buses.

    Overview

    This fully occupied, six-unit shopping plaza is located in the Forest Hills and Rego Park neighborhood. The property benefits from high foot and car traffic, with excellent street intersection visibility and 100 feet of frontage. The well-maintained plaza, built in 1951, comprises approximately 6,255 square feet and includes access to storage in the spacious cellars. The property features long-term, loyal tenants on five-year net leases, who are responsible for taxes and utilities. Tenants include Yellowstone laundromat, Sushi Akio, Red house kitchen, Little tigers martial arts, Bombay grill house, each occupying around 900 sq ft per store, and New Paragon cleaners on the corner store occupies around 1,750 sq ft. The property is situated on a lot around 10,000 square feet, which includes a rear parking lot of approximately 3,500 square feet accommodating 11 cars. The property has R4 zoning with a C1-2 commercial overlay and is classified as Building Class K1 - One Story Retail. It presents a development opportunity up to 20,000 square feet. The property is conveniently located near the QM12 and QM42 express buses to midtown Manhattan, Q23 bus to LaGuardia Airport, mid-rise coop buildings, an Evoke electric vehicle charging station, the Austin Street police station, Forest Hills youth athletic association fields, family-owned groceries and pharmacies, and Dunkin Donuts. The location is near the major junction of Grand Central and Jackie Robinson parkways, Van Wyck Expressway, and Metropolitan Avenue, situated at 71-43/55 Yellowstone Boulevard, also known as 6761-6773 Dartmouth Street.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • I.o.g supermarket 69th Ave, Forest Hills, NY 11375
    • Target Grocery 7000 Austin St, Forest Hills, NY 11375
    • Trader Joe's 69-65 Yellowstone Blvd, Queens, NY 11375
    • Vitelio's Marketplace 7176 Yellowstone Blvd, Forest Hills, NY 11375
    • Foodtown of Forest Hills 110-44 Queens Blvd, Queens, NY 11375

    Location Insight

    • Map
    • Local Demand
    City
    Flushing
    County
    Queens
    State
    New York
    Longitude
    -73.854675
    Latitude
    40.721352

    FAQs

    What type of property is this?
    Grocery and convenience store - Significant Current Net Income and Development Opportunity Forest Hills Shopping Plaza!
    Where is this grocery and convenience store located?
    The property is located at 7143 Yellowstone Blvd Flushing, 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: Significant current net income and development fully occupied brick corner stores opportunity in the Forest hills and Rego park neighborhood up to 20k square feet!; Very good foot and car traffic with great street intersection, 100 feet of frontage and sign visibility next to QM12, QM42 amd Q23 buses.
    More about this property
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