For sale
$5,000,000
Retail property
8,900 SF building0.06 acres lot
$562/SF (asking price ÷ building area)
188 Eagle StBrooklyn, NY 11222
Listing courtesy of 5 BORO REALTY CORP · MyStateMLS #12007406
For sale
$6,200,000
6,255 SF building0.23 acre lotBuilt 1951
71-43/55 Yellowstone Boulevard #71-43, 45, 47, 49Forest Hills, NY 11375
Retail property (from the listing description) · Shopping center or plaza, Restaurant premises · MLS 11686595 · Listed 219 days ago (Mar 30, 2026)
Active: Listed and available according to the MyStateMLS feed.
About this property
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.
Description provided by the listing brokerage.
Key facts
- Asking price
- $6,200,000
- Status
- For sale
- Property type
- RetailFrom the listing description
- Building area
- 6,255 SFSource field LivingArea
- Land area
- 0.23 acresSource field LotSizeSquareFeet
- Year built
- 1951
- MLS number
- 11686595
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
Price
- Asking price
- $6,200,000
- Price per SF of building
- $991/SFAsking price ÷ 6,255 SF reported building area
- Annual taxes
- $68,997
Building and site
- Stories
- 1
- Reported zoning
- CommercialAs reported by the listing. Confirm permitted uses for your plans with the local zoning authority.
- County
- Queens County
Investment figures reported in the description
- Cap rate
- 4.6% (actual or pro forma not stated)"…rly net income around $288k @ 4.6% cap. yearly taxes are $68,997. sp…"
- Occupancy
- 100% (actual or pro forma not stated)"…lity. well maintained, clean, fully occupied, six unit, shopping plaza aro…"
These figures are as written by the listing agent, without a stated period or supporting statements. Commercial Only does not calculate or verify them. Ask for rent rolls, operating statements and leases before relying on any figure.
Reported features
- Near public transit (from a listing field)
- Public water (from a listing field)
- Corner location (from the description)“…d new paragon cleaners on the corner store occupies around 1,750 sq ft.…”
- Parking reported (from the description)“…und 10k sq ft includes a rear parking lot around 3,500 sq ft for 11 car…”
A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.
Listing details
Construction
- Masonite
- Brick
Water
- Public (Water Source)
Sewer
- Other
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Forest Hills or retail property in Forest Hills.
Why this listing is on Commercial Only
- Multi-unit income property class. (PropertyTypeDetail: multi-5-plus)
How listings qualify. Something wrong? Report it.
Price and status history
Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
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Guides
Listing courtesy of HANMI REALTY. Listing agent: Chung Rhee. Listings provided by MyStateMLS.
Listing last modified at the source Oct 14, 2026, 5:46 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 6:30 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.