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10727 + 10729 71st Avenue
Forest Hills NY 11375 US

$11,000,000

Active Listing ID 963741
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Lot: 0.07 Acres
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$11,000,000

Active Listing ID 963741
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10727 + 10729 71st Avenue 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 Features

  • Facts
  • Lot Size: 0.07 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Cooling System: Electric
  • Heating Fuels: Electric (Heating)
  • Additional Features
  • Basement

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 11000000
  • unparsedaddress: 10727 + 10729 71st Avenue
  • postalcity: Forest Hills
  • stateorprovince: NY
  • country: US
  • postalcode: 11375
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0746
  • lotsizeunits: Acres
  • lotsizearea: 0.0746
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Richard Matt Shane
  • listagentemail: matthewshane8828@gmail.com
  • listagentkey: 3yd-MLSLINY-176463
  • listagentmlsid: 176463
  • listagentpreferredphone: 5162798828
  • listagentofficephone: 5162798828
  • listofficekey: 3yd-MLSLINY-CBE01
  • listofficemlsid: CBE01
  • disclaimer: 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.
  • sourcesystemid: MLSLINY
  • yearbuilt: 1931
  • listingcontractdate: 2026-02-20
  • listagentfax: 5167836023
  • listagenturl: http://www.allislandestates.com
  • countyorparish: Queens
  • parcelnumber: 03239-0015
  • cooling: Electric
  • constructionmaterials: Block
  • heating: Electric (Heating)
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 6
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Basement
  • basement: Full
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"All Island Estates Realty Corp", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"matthewshane8828@gmail.com", "ListBrokerageCity":"Wantagh", "ListBrokerageCountry":"US", "ListBrokerageEmail":"judith@allislandestates.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MLSLINY/f11aa4f1d8df11e5a55d32bc746d855f/20160226212801962.png", "ListBrokerageName":"All Island Estates Realty Corp", "ListBrokeragePhone":"(516) 532-9184", "ListBrokeragePostalCode":"11793", "ListBrokerageStateOrProvince":"NV", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3242 Railroad Avenue", "ListBrokerageWebsiteUrl":"http://www.allislandestates.com", "ListOfficeAddress1":"3242 Railroad Ave ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"CBE01", "ListOfficeCity":"Wantagh", "ListOfficeCountry":"US", "ListOfficeEmail":"judith@allislandestates.com", "ListOfficePostalCode":"11793", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Forest Hills, NY", "ListingURL":null, "MLSModificationTimestamp":"2026-05-17 16:18:36", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":171378, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/10/2026 11:39:15 PM GMT
Source Updated Date: 7/12/2026 12:43:58 AM GMT

Courtesy of: Richard Matt Shane, All Island Estates Realty Corp, matthewshane8828@gmail.com

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.