Ad #7477352
MLS #963741
Calling All Investors, Developers & End-Users!!! 100% Occupied
10727 + 10729 71st Ave, Forest Hills, New York, 11375
$11,000,000
--Beds
--Baths
--Sqft
0.075Acres
About this property
Calling All Investors, Developers & End-Users!!! 100% Occupied New Mini Mall In Forest Hills For Sale!!! The Property Is Located In The Heart Of Forest Hills On 71st Avenue Just Off Queens Blvd. Only Minutes From Forest Hills Stadium & Queens Center!!! The Property Is Situated On A 6,600+ Sqft. Lot Only Minutes From The Grand Central Pkwy., Van Wyck Expy. & Jackie Robinson Pkwy.!!! The Building Features Excellent Signage, Great Exposure, Long Term Leases, C4-5X/R7X Zoning, High 8' Ceilings, 3 Stories, 2 Lots, 3 Phase Power, All New LED Lighting, CAC, +++!!! Neighbors Include Starbucks, Chevrolet, Costco, The Home Depot, P.C. Richard & Son, Best Buy, Target, Planet Fitness, Shake Shack, The Vitamin Shoppe, Trader Joe's, Regal Cinemas, Walgreens, Dunkin', Jersey Mike's Subs, Chick-fil-A, Wendy's, +++!!! The Property Has 49' Of Frontage On 71st Avenue!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Pizzeria (Front): $168,000 Ann.; 3% Ann. Inc.; Lease Exp.: 2032. Pizzeria Restaurant (Rear): $180,000 Ann.; 3% Ann. Inc.; Lease Exp.: 2032. Azad Coffee: $144,000 Ann.; 3% Ann. Inc.; Lease Exp.: 1/1/2030. Royal Beauty Spa: $180,000 Ann.; 3% Ann. Inc.; Lease Exp.: 2/1/2031. Expenses: Electric: $0 Ann. Water & Sewer: $0 Ann. Insurance: $6,825 Ann. Maintenance & Repairs: $250 Ann. Taxes: $171,378 Ann. Gross Income: $672,000 Ann. Total Expenses: $178,453 Ann. Net Operating Income (NOI): $493,547 Ann.
Property Features
0 Beds
0 Baths
0 Sqft
Built in 1931
0.075 Acres
3 Stories
Siding: Block
Electric (Heating)
$171,378 / yr property tax
Queens County
Additional Photos
Contact Information
Richard Matt Shane
All Island Estates Realty Corp
516-279-8828
Location
Listing Agent: Richard Matt Shane 516-279-8828
Broker: All Island Estates Realty Corp 516-532-9184 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: All Island Estates Realty Corp 516-532-9184 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 25, 2026
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$11,000,000
--
Beds
--
Baths
--
Sqft
10727 + 10729 71st Ave, Forest Hills, New York, 11375
By contacting this agent you agree to these Terms and Conditions.
MLS# 963741
Calling All Investors, Developers & End-Users!!! 100% Occupied
$11,000,000
10727 + 10729 71st Ave, Forest Hills, New York, 11375
--
Beds
--
Baths
--
Sqft
0.075
Acres
$11,000,000
10727 + 10729 71st Ave, Forest Hills, New York, 11375
-- Beds
-- Baths
-- Sqft
0.075 Acres
Calling All Investors, Developers & End-Users!!! 100% Occupied New Mini Mall In Forest Hills For Sale!!! The Property Is Located In The Heart Of Forest Hills On 71st Avenue Just Off Queens Blvd. Only Minutes From Forest Hills Stadium & Queens Center!!! The Property Is Situated On A 6,600+ Sqft. Lot Only Minutes From The Grand Central Pkwy., Van Wyck Expy. & Jackie Robinson Pkwy.!!! The Building Features Excellent Signage, Great Exposure, Long Term Leases, C4-5X/R7X Zoning, High 8' Ceilings, 3 Stories, 2 Lots, 3 Phase Power, All New LED Lighting, CAC, +++!!! Neighbors Include Starbucks, Chevrolet, Costco, The Home Depot, P.C. Richard & Son, Best Buy, Target, Planet Fitness, Shake Shack, The Vitamin Shoppe, Trader Joe's, Regal Cinemas, Walgreens, Dunkin', Jersey Mike's Subs, Chick-fil-A, Wendy's, +++!!! The Property Has 49' Of Frontage On 71st Avenue!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Pizzeria (Front): $168,000 Ann.; 3% Ann. Inc.; Lease Exp.: 2032. Pizzeria Restaurant (Rear): $180,000 Ann.; 3% Ann. Inc.; Lease Exp.: 2032. Azad Coffee: $144,000 Ann.; 3% Ann. Inc.; Lease Exp.: 1/1/2030. Royal Beauty Spa: $180,000 Ann.; 3% Ann. Inc.; Lease Exp.: 2/1/2031. Expenses: Electric: $0 Ann. Water & Sewer: $0 Ann. Insurance: $6,825 Ann. Maintenance & Repairs: $250 Ann. Taxes: $171,378 Ann. Gross Income: $672,000 Ann. Total Expenses: $178,453 Ann. Net Operating Income (NOI): $493,547 Ann.
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1931
0.075 Acres
3 Stories
EXTERIOR
Siding: Block
INTERIOR
Electric (Heating)
FINANCIAL & COMMUNITY
$171,378 / yr property tax
Queens County
See More Details
Location
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Ad Statistics
Ad Number
7477352
Viewed
18 times
Listing Status
Active
Added
Jul 10, 2026
Last Refresh
Jul 24, 2026 10:50:11 PM
Listing Information
Data Source
OneKey MLS
Source Property ID
963741
Listing Agent: Richard Matt Shane 516-279-8828
Broker: All Island Estates Realty Corp 516-532-9184 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: All Island Estates Realty Corp 516-532-9184 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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