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10717 Metropolitan Ave 2,112 SF 100% Leased Retail Building Forest Hills, NY 11375 $1,088,000 ($515.15/SF)
Executive Summary
Prime mixed-use property located along the bustling Metropolitan Avenue corridor in Forest Hills.. Situated on a 16' x 100' lot (1,600 square feet) with a building size of 16' x 68' (2,176 square feet), this well-maintained building offers an excellent investment or owner-user opportunity. The exterior features aluminum cladding on the first floor and concrete block construction on the second floor. The ground-floor commercial space is currently vacant and in excellent condition, featuring high ceilings, central air conditioning, a half bathroom, and direct access to a fully finished partial basement. The basement includes a recreation area, meter room, and boiler room. The second floor consists of a renovated studio apartment with a full bathroom, currently rented for $1,800 per month with a lease in place through December 2026.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,112 SF
Building Class
B
Year Built
1940
Price
$1,088,000
Price Per SF
$515.15
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.35
Lot Size
0.04 AC
Zoning
R3-2
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 03277-0073 | Improvements Assessment | $162,000 |
| Land Assessment | $40,500 | Total Assessment | $202,500 |
Property Taxes
Parcel Number
03277-0073
Land Assessment
$40,500
Improvements Assessment
$162,000
Total Assessment
$202,500
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10717 Metropolitan Ave
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