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Highlights

  • Prime Forest Hills location at the corner of Austin Street and Ascan Avenue.
  • Surrounded by established retailers, dining options, and neighborhood amenities.
  • Steps from Forest Hills LIRR station and E, F, M, R subway lines for excellent connectivity.
  • High foot traffic and strong residential base support consistent customer demand.

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • Ground
  • 506 SF
  • 5-10 Years
  • $133.18 CAD/SF/YR $11.10 CAD/SF/MO $67,391 CAD/YR $5,616 CAD/MO
  • Retail
  • Partial Build-Out
  • Now

Forrest Hills, Queens NY. 506 usable square feet NO BASEMEMT Asking: $4,000 monthly All dry uses considered, ideal for pharmacy, chiropractor, day spa, and all other liked minded businesses: Non vented food use considered: Can be vented via precipitator All uses considered: NO TI

  • Partially Built-Out as Standard Retail Space
  • Finished Ceilings: 13’
  • Located in-line with other retail
  • All dry uses considered
Space Size Term Rental Rate Space Use Build-Out Available
Ground 506 SF 5-10 Years $133.18 CAD/SF/YR $11.10 CAD/SF/MO $67,391 CAD/YR $5,616 CAD/MO Retail Partial Build-Out Now

Ground

Size
506 SF
Term
5-10 Years
Rental Rate
$133.18 CAD/SF/YR $11.10 CAD/SF/MO $67,391 CAD/YR $5,616 CAD/MO
Space Use
Retail
Build-Out
Partial Build-Out
Available
Now

Ground

Size 506 SF
Term 5-10 Years
Rental Rate $133.18 CAD/SF/YR
Space Use Retail
Build-Out Partial Build-Out
Available Now

Forrest Hills, Queens NY. 506 usable square feet NO BASEMEMT Asking: $4,000 monthly All dry uses considered, ideal for pharmacy, chiropractor, day spa, and all other liked minded businesses: Non vented food use considered: Can be vented via precipitator All uses considered: NO TI

  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Finished Ceilings: 13’
  • All dry uses considered

Property Facts

Total Space Available 506 SF
No. Units 95
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 125,272 SF
Year Built 1930

About the Property

Located at the corner of Austin Street and Ascan Avenue, this retail space offers a prime position in the heart of Forest Hills, one of Queens’ most vibrant commercial corridors. The 500-square-foot storefront provides excellent visibility and accessibility, making it an attractive option for a variety of dry-use businesses. Previously occupied by N&J Pharmacy, the space is well-suited for health, beauty, specialty retail, or service-oriented concepts. The property benefits from heavy pedestrian traffic and strong neighborhood demographics, supported by its proximity to the Forest Hills LIRR station and multiple subway lines, including the E, F, M, and R trains. This location ensures consistent customer flow from both local residents and commuters. With a negotiable lease term and a competitive asking rate, this is an outstanding opportunity for businesses seeking a high-traffic, transit-accessible location in a thriving retail district.

Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Nearby Major Retailers

Body & Brain
Stretchlab
Orangetheory Fitness
Club Pilates
Starbucks
Wells Fargo Home Mortgage
Charles Schwab
Flagstar
Citibank
Td Bank
  • Listing ID: 34011390

  • Date on Market: 2024-11-26

  • Last Updated:

  • Address: 7320 Austin St, Flushing, NY 11375

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