71-09 Austin Street, Forest Hills, NY
71-09 Austin Street, Forest Hills, NY
North side of Austin Street between 71st Avenue & 71st Road
Forest Hills, NY
Forest Hills, NY
FOR SALE | TROPHY MIXED-USE BUILDING | PRIME AUSTIN STREET RETAIL
| Type | Mixed-Use Property - 7 Free Market Apartments over Ground Floor Retail |
|---|---|
| Neighborhood | Forest Hills, NY |
| Lot Size | 5,000 SF Lot |
| Zoning Code | C4-4A, FH |
| Size | 13,400 SF Above Grade, 2,000 SF Below Grade |
| Stories | 4-Stories + Lower Level |
| Units | 7 Free Market Residential Units + 1 Ground Floor Retail Unit |
Investment Highlights:
71-09 Austin Street offers an investor the opportunity to acquire a mixed-use property with 50’ of frontage along Austin Street retail corridor in prime Forest Hills, NY. The property is comprised of 15,400 square feet over 4-stories + lower level and is complete with a handicap elevator connecting the ground floor to the basement. Ann Taylor has occupied the ground floor retail since 2004, and the upper floors are comprised of seven luxury apartments. Six of the apartments have been recently renovated.
- Trophy property located along bustling Austin Street retail corridor in Forest Hills, NY
- 50’ of frontage along Austin Street, occupied by long-standing tenant, Ann Taylor
- One block from the [E, F, M, R] trains at 71st Avenue station & the Forest Hills LIRR station
- 7 Free market residential units over ground floor retail
- Ann Taylor has occupied the space since 2004; the current lease expires in January 2028, with an option to extend through 2033
