71-49 Austin St
Forest Hills, NY 11375
Retail Property For Sale

Cushman & Wakefield has been retained on an exclusive basis for the sale of 71-49 Austin Street in Forest Hills. 71-49 Austin Street is a two-story mixed-use building currently fully-occupied with one retail tenant and two residential units. The retail tenant is Bareburger and is in place through October 2021 with one five-year option to renew through 2026. Bareburger has been in place since October 2011. Barbeburger has 33 locations in the tri-state area with other locations in Pennsylvania, Ohio, Atlanta, Washington D.C., and Dubai. The second floor has two (2)-bedroom apartments. One apartment is leased through July 2019 and the second is occupied on a month-month basis. The property is located in a highly sought after location for retail, as Austin Street is known to have high foot traffic and an abundance of national retailers. Surrounding retailers include Sephora, Starbucks, Shake Shack, Victoria’s Secret, Buffalo Wild Wings, Banana Republic, and Chipotle. Public transportation is easily accessible via the E F M & R subway trains at Queens Boulevard and 71st Avenue, as well as via the LIRR located around the corner on Continental Avenue. Property inspections are by appointment only, please inquire within. Cushman and Wakefield is also marketing neighboring properties at 71-41/43/45 Austin Street. Inquire for details. Note: Bareburger occupies space at 71-49 Austin Street, as well as at 71-51 Austin Street on separate leases. ONLY 71-49 Austin Street is for sale.