7141 Austin St
Flushing, NY 11375
Austin Street Mixed-Use Opportunity · Retail Property For Sale

Cushman & Wakefield has been retained on an exclusive basis for the sale of 71-41 Austin Street in Forest Hills. 71-41 Austin Street is a mixed-use building with a ground floor retail unit and two full-floor two-bedroom apartments on the second/third floors. The ground floor retail is currently occupied by a convenience and gift store, and will be delivered vacant. The retail unit is approximately 1,600 square feet and has a full basement for storage. The second and third floor apartments are both two-bedrooms and are currently vacant, approximately 1,232 square feet each. This is an ideal opportunity for an owner/user to occupy the ground floor space and lease the apartments to generate cash-flow. 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, Bareburger, 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. 71-41 Austin Street is available as a package with the adjacent building at 71-43/45 Austin Street posing an ideal re-positioning opportunity. Property inspections are by appointment only, please inquire within.