7000 Austin Street is the largest retail facility on an established destination-shopping street in the affluent, elegant, historic community of Forest Hills. 400 feet of frontage offers the savvy retailer a constant parade of pedestrian and vehicular traffic day and night. In 2015 Muss secured Target as an anchor tenant in the shopping center, the first of many urban concept locations in New York City. Other high quality tenants occupy what is one of Forest Hills’ most important retail buildings.
7000 Austin Street is located one block off Queens Boulevard, and is an easy walk to the E, F, M and R subways and the LIRR and express buses.
MUSS VALUE ADD
In house leasing and securing of major retail tenants, management, and parking management.
PROPERTY OVERVIEW
7000 Austin Street is the largest retail facility on an established destination-shopping street in the affluent, elegant, historic community of Forest Hills. 400 feet of frontage offers the savvy retailer a constant parade of pedestrian and vehicular traffic day and night. In 2015 we secured a deal with the major retail brand Target.
INVESTMENT STRATEGY
Over the past two decades, we have seen the Austin Street retail corridor shift from mom and pop stores, to the home of major retail tenants. With an understanding of the growing, affluent community, we saw the center as an opportunity to grow a strong retail and office presence in the heart of Forest Hills. With retail tenants like T.G.I. Friday’s, Men’s Wearhouse and Starbucks, we brought in Target in 2015 as an anchor tenant to strengthen and transform the already thriving retail mall. Forest Hills, which already boasts the best of city and suburban living, benefited greatly from the addition of this new urban style Target. Just minutes from the E,F, M and R subway lines, and a quick walk to Queens Boulevard, Austin Street is a destination for locals and commuters alike.
- Property Type: office/retail
- Floors: 2
- Size: 78‚938 SF
- Retail: 6 Stores
- Office: 15‚600 SF
- Expanded: 1995
- Parking: 400 Rooftop Spaces
- Major Tenants
- Target
- Starbucks
- T.G.I. Friday's
- Eddie Bauer
- Summit Health (Coming Soon)
- Health Acquisition Corp