x
Showing 1 of 0
X
Save

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

$6,200,000

Active Listing ID 11686595
bath icon
6.00 Bath (6 Half)
home icon
Other

$6,200,000

Active Listing ID 11686595
Save

71-43/55 Yellowstone Boulevard #71-43, 45, 47, 49, 51, 55 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 sq ft 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. Please do not disturb tenants.

Collapse all

Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • 1/2 Bathrooms: 6
  • Cooling System: Central Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 6200000
  • unparsedaddress: 71-43/55 Yellowstone Boulevard #71-43, 45, 47, 49, 51, 55
  • postalcity: Forest Hills
  • stateorprovince: NY
  • country: US
  • postalcode: 11375
  • bathroomsfull: 0
  • bathroomshalf: 6
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0
  • lotsizeunits: Acres
  • livingarea: 6255
  • livingareaunits: Square Feet
  • latitude: 40.721272
  • longitude: -73.854759
  • listagentfullname: Chung Rhee
  • listagentemail: rheejack45@yahoo.com
  • listagentkey: 3yd-NYSMLS-241439
  • listagentmlsid: 241439
  • listagentpreferredphone: 6462514448
  • listagentofficephone: 7189618801
  • listofficekey: 3yd-NYSMLS-16729
  • listofficemlsid: 16729
  • disclaimer: Copyright © 2026 My State 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: NYSMLS
  • yearbuilt: 1951
  • yearbuilteffective: 1951
  • listingcontractdate: 2026-03-30
  • countyorparish: Queens
  • parcelnumber: 03190-0001
  • cooling: Central Air
  • constructionmaterials: Brick
  • numberofunitstotal: 0
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Garage
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.85476, 40.72127
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"HANMI REALTY", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"rheejack45@yahoo.com", "ListBrokerageCity":"FLUSHING", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"HANMI REALTY", "ListBrokeragePhone":"718-961-8801", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"37 17 UNION ST", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"37 17 UNION ST", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"FLUSHING", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"11354", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Unit (5+), Low-rise - Forest Hills, NY", "ListingURL":"https://listings.listhub.net/pages/NYSMLS/11686595/?channel=rexren", "MLSModificationTimestamp":"2026-04-07T01:03:27Z", "Neighborhoods":[{"Description":null, "Name":"Rego Park & Forest HIlls"}], "PostalCode":null, "RawPropertySubType":"Multi-Unit (5+)", "RawPropertyType":"Multi-Unit (5+)", "RoomCount":0, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":68997, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/7/2026 5:06:24 AM GMT
Source Updated Date: 4/11/2026 6:52:19 AM GMT

Courtesy of: Chung Rhee, HANMI REALTY, rheejack45@yahoo.com

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.