69-47 Austin StQueens, NY 11375

This exceptional 27,066 square foot storefront property at 69-47 Austin Street in Forest Hills, Queens, presents a remarkable investment opportunity. Priced at $16,750,000, this five-story building boasts a prominent corner location with 55 feet of frontage on Austin Street and 99 feet along 70th Avenue, situated on a 5,500 square foot lot. The property is currently vacant, having previously housed a health club, and is zoned C4-5X, FH, offering considerable flexibility for a variety of uses. Its prime location offers unparalleled accessibility, being just a short distance from the E, F, M, and R subway lines at the Forest Hills – 71st Avenue station, and the Long Island Rail Road at the Forest Hills station. Major thoroughfares are also easily accessible. The building's size and location make it ideally suited for a range of uses, including a health club, corporate headquarters, medical facility, or educational institution. This is a rare opportunity to acquire a substantial, vacant retail space in a highly desirable and well-connected area of Queens. The price per square foot is $618.86.