Prime Retail and Office Condominiums in the Heart of Forest Hills
$10,500,000
107-40 Queens Boulevard, Forest Hills, NY 11375
525,112
NOI
17,852 sqft
Lot Area
Details:
Highlights:
- Prime retail and office location with high foot and car traffic
- Fully occupied - Level Up Medical, 7-Eleven & Red Mango as retail tenants
- Just steps away from the E,F,M & R subways and 3 blocks from the LIRR
- Just 1 block to from 71st Street-Continental Avenue and Austin Street
- Separate entrance for the retail and office spaces on Queens Boulevard
- Great access to the Grand Central Parkway, LIE and Van Wyck Expressway
- Ideal 1031 exchange opportunity
Description:
B6 Real Estate Advisors has been retained exclusively to arrange for the sale of the retail and office condo portion of Lane Towers, an 18 story, 162 residential unit cond-op building in the heart of Forest Hills. The condos consist of three retail units on the ground level totaling approx. 8,401 SF. The units are fully occupied with Level Up Medical, 7-Eleven, and Red Mango as the retail tenants and assorted medical and office tenants on the second floor. Located on the southeast corner of Queens Boulevard, the property is just 1 block from both 71st Street-Continental Avenue and Austin Street, two of the most desirable retail corridors in Queens. It is also just steps from the subways and just 3 E, F, M, R subways and the LIRR Station. For additional information please reach out to the exclusive agents below.
Documents:
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Investment Brochure
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Location
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