LKV Realty
Logo
$6,200,000
$7,200Reward *
71-43/55 Yellowstone Boulevard #71-43, 45, 47, 49, 51, 55, Forest Hills, NY 11375Listing ID 11686595

71-43/55 Yellowstone Boulevard #71-43, 45, 47, 49, 51, 55, Forest Hills, NY 11375

Contingent
Last updated: Aug 5, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Multi-Family (5+ Units)
Square Feet
Square Feet
6,255
Year Built
Year Built
1951

*IN CONTRACT* Significant current net income and development brick corner stores opportunity in the Forest hills & Rego park neighborhood! Very good foot and car traffic with great street intersection, 100 feet of frontage and sign visibility. Well maintained, clean, fully occupied, six unit, shopping plaza around 6,255 square feet with access to storage in the spacious cellars. Long term, loyal and reputable tenants on five year net leases paying taxes and utilities. Yellowstone laundromat, Sushi Akio, Red house kitchen, Little tigers martial arts, Bombay grill house each occupy around 900 sq ft per store and New Paragon cleaners on the corner store occupies around 1,750 sq ft. Current gross yearly rental income around $378k and yearly net income around $288k @ 4.6% cap. Yearly taxes are $68,997. Spacious lot around 10k sq ft includes a rear parking lot around 3,500 sq ft for 11 cars. Great development opportunity up to 20k sq ft (please consult with an architect & attorney)! Next to QM12 & QM42 express to midtown Manhattan, Q23 to LaGuardia airport, many mid rise coop buildings, Evoke electric vehicle charging station, Austin street police station, Forest Hills youth athletic association soccer, baseball and footbal fields, family owned groceries/ pharmacies and Dunkin donuts. Near Q60, QM4, QM11 & QM44 buses, Forest Hills LIRR train station, Queens blvd E,F,M,R subways, Trader Joe's,Target grocery, Stop & shop, Martha's country bakery, Manor Oktoberfest, Chili's grill & bar, Panera bread, Wendy's, Chik fil A, Shake shack, Citi, TD, Flagstar & Flushing banks, Four leaf federal credit union, Ups store, Tmobile, Verizon, Spectrum store, J crew, Banana republic, Gap, Sephora, Northwell Goheath urgent care, Walgreens, Regal UA midway cinemas, Home depot, Q686 Queens Metropolitan High School, Forest hills stadium, West side tennis club, Forest & Yellowstone park, Impact Sports Club and Queens public library. Conveniently off the major junction of Grand central & Mr. Jackie Robinson parkways, Van Wyck expressway and Metropolitan avenue. Located at 71-43/55 Yellowstone Boulevard which is the same address as 6761-6773 Dartmouth street. Built in 1951 with an R4 zoning and a C1-2 commercial overlay. Building Class K1 - One Story Retail. Please do not disturb tenants.

Property Information

Property Details

Location

Address
71-43/55 Yellowstone Boulevard #71-43, 45, 47, 49, 51, 55
City
Forest Hills
Zip Code
11375

Interior Features

Beds and Baths

Half Bathrooms
6

Building

Building Information

Square Feet
6,255
Year Built
1951
Chung RheeHANMI REALTY, (718) 961-8801

Market Report for 11375

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: State Listings, Inc
State Listings, Inc logo

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright © 2026}} by My State MLS. All Rights Reserved.

For corrections to this data please contact Brytecore MLS Support.

241439 • 0