Shopping Center

Forest Hills, NY Shopping Centers for Sale

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Queens, NY New York, NY Bronx, NY
Six-Unit Neighborhood Shopping Center
Updated: Mar 30
Six-Unit Neighborhood Shopping Center

71-43/55 Yellowstone Boulevard #71-43, 45, 47, 49, Forest Hills, NY 11375

$6,200,000
6,255 sqft 0.23 AC lot
Six‑unit shopping center totaling 6,255 square feet
Approximately 0.2332 acres with 100 feet of frontage
Fully occupied retail and service tenant roster
Five‑year net leases with tenants paying taxes and utilities
Rear parking area of approximately 3,500 square feet for 11 cars
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Three-Story Neighborhood Shopping Center
Updated: Feb 20
Three-Story Neighborhood Shopping Center

10727 + 10729 71st Avenue, Forest Hills, NY 11375

$11,000,000
0.07 AC lot
Fully occupied three‑story shopping center on two lots
6,600+ square foot site with 49' of frontage on 71st Avenue
Current occupants include two pizzerias, Azad Coffee, and Royal Beauty Spa
8‑foot ceilings, 3‑phase power, new LED lighting, and CAC
Located just off Queens Boulevard in Forest Hills
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Three-Store Strip Center
Three-Store Strip Center

16024 Northern Boulevard, Flushing, NY 11358

$8,500,000
3,895 sqft 0.19 AC lot

Existing retail configuration with rear parking and additional air rights.

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Six-Unit Corner Shopping Center
Six-Unit Corner Shopping Center

71-43 Yellowstone Blvd, Forest Hills, NY 11375

Contact for pricing
6,255 sqft

Fully occupied neighborhood retail center with cellar storage, rear parking, and R4 zoning with a C1-2 commercial overlay.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 4 Active listings in Forest Hills, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

One-Story Retail Strip Center
One-Story Retail Strip Center

127-01 Merrick Blvd, Jamaica, NY 11434

Contact for pricing
13,466 sqft 0.35 AC lot

Neighborhood-oriented retail property with multiple storefronts and commercial-overlay zoning.

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Corner Property Investment Opportunity
Corner Property Investment Opportunity

9015/17/19 /25 Rockaway Blvd, Queens, NY 11416

$2,900,000
0.15 AC lot

Corner property with diverse tenants, income, and development potential.

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Commercial Storefront Block For Sale
Commercial Storefront Block For Sale

84-29 Roosevelt Ave, Queens, NY 11372

$28,000,000
0.46 AC lot

Commercial storefront property near 82nd Street and 7 Train.

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Historic Jamaica Colosseum Mall
Historic Jamaica Colosseum Mall

8902 165th St, Jamaica, NY

Contact for pricing
49,742 sqft 1.18 AC lot

Block-through building in the heart of Jamaica's retail district.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land With Existing House
Commercial Land With Existing House

6401 Amboy Road, Staten Island, NY 10309

$4,999,900
1.38 AC lot

Approximately 1.3774 acres with DEC approvals, an existing house, and proximity to a shopping center and train service.

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Forest Hills, NY Shopping Centers Market Trends and Statistics

Explore 4 shopping centers for sale in Forest Hills, NY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 16,405 square feet of properties for sale, with an estimated market value of $25,700,000.

Sale prices for plazas in Forest Hills, NY start at $6,200,000, averaging $8,566,666, and reaching up to $11,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 12
Shopping centers 3
Showrooms 1

Demographics Overview

Population 75K
Population Growth (5Y) +2.5%
Median Household Income $104,319
College Educated 88.7%

High-Yield Neighborhoods for Investment

Identify Forest Hills submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
11375 $8.6M

Taxes & Financing

Tax Rate (average for all types) 10.83%
Property Tax per SF $32.89 per SF
Tax Rate vs County Average 1.78 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Queens County

New Delisted

Total CRE Inventory on Market (SF)

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