72-38 Austin St Forest Hills, NY 11375
This exceptional 600-square-foot retail space is ideally situated at 72-38 Austin Street in the vibrant Forest Hills neighborhood of Queens, New York, zip code 11375. The property is a single-tenant space, offering complete flexibility for a wide range of retail businesses. The entire 600 square feet is currently vacant and ready for immediate occupancy, presenting a unique opportunity for a new tenant to establish a strong presence in this thriving commercial area. Located at 40.7186748, -73.8415232, the property benefits from excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers. The property type is classified as retail commercial. This is a single-tenant occupancy building, providing a private and independent space for your business. The property's location in Forest Hills offers a strong demographic profile and a diverse customer base, making it an attractive location for a variety of retail ventures. The space is ready for immediate lease and presents a compelling opportunity for businesses seeking a well-located and functional retail space in a bustling New York City neighborhood. Serious inquiries are encouraged to explore this promising retail opportunity. The property is available for lease.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.