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76-18 Grand Central Pky
Forest Hills, NY 11375

$1,780,000 USD

Apartments For Sale  •  5,400 SF

Property Details

• Property Type Apartments
• Total Building Size 5,400 SF
• Lot Size 0.07 AC
• Building Class B
• Year Built 1989
• Cap Rate 5.91 %
• Zoning R6

100 Transit Score

100 Walk Score

Highlights

- Lot Size 30X100.Zone R6

- All tenants are responsible for their own utilities & heat except water.

- Very Easy to rent and now are all occupied !

- Convenient Located In The Heart of Forest Hills.- 2 Blocks To Subway & buses. 10 minute to LIRR train.

- Minutes to Manhattan, JFK Airport, LaGuardia Airport, Flushing Meadow Park & Shea Stadium

- EZ access to major highways 495 & Grand Central Pkwy. - Must See!

Property Flyers

76-18 Grand Central Parkway Income & Expense

Financial Summary (Actual)

Net Operating Income: $105,127 USD (2025)

Cap Rate:	5.91 %
Total Expenses:	$71,393 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Yangzi River Inc

Amenities

• Air Conditioning
• Balcony
• Controlled Access
• Laundry Facilities
• Tenant Controlled HVAC
• Gas Range
• Recycling
• Smoke Free
• Kitchen
• Refrigerator
• Oven
• Range
• Tub/Shower
• Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Kew Gardens Station (Babylon Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road)	4 min	15 min	0.8 mi
Forest Hills Station (Babylon Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road)	3 min	16 min	0.8 mi
Transit/Subway	Drive	Walk	Distance
75 Avenue (E - New York MTA Subway (The Subway), F - New York MTA Subway (The Subway))	3 min	5 min	0.3 mi
Kew Gardens-Union Turnpike (E - New York MTA Subway (The Subway), F - New York MTA Subway (The Subway))	5 min	7 min	0.4 mi
Forest Hills-71 Avenue (E - New York MTA Subway (The Subway), F - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway))	4 min	14 min	0.7 mi
Kew Gardens Station (Babylon Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road)	3 min	15 min	0.8 mi
Forest Hills Station (Babylon Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road)	3 min	16 min	0.8 mi
Airport	Drive	Walk	Distance
LaGuardia	14 min	-	5.7 mi
John F Kennedy International	13 min	-	7.1 mi
Newark Liberty International	41 min	-	25.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	2
Type:	Surface
Included in Rent:	Yes