NEW YORK, NY December 3, 2018 — Cushman & Wakefield today announced that the brokerage firm has been retained on an exclusive basis to arrange the sale of seven properties located in Queens. The properties range in price from $1.5 million to $15.5 million.
A team led by Senior Managing Director Stephen R. Preuss will represent the sellers in all marketing efforts.
“Each offering provides the opportunity to acquire property in highly sought-after neighborhoods in Queens,” said Stephen R. Preuss of Cushman & Wakefield. “Future investors will benefit from the high-quality, accessibility and potential of each of these properties.”
31-79 Steinway Street in Astoria is a 2,250 square-feet single story, plus basement, retail building. The property has an additional 4,500 square-feet of air rights. 31-79 Steinway Street will be delivered vacant presenting a prime opportunity for an owner-use, investor, or developer to purchase a property on one of Queens’s strongest retail corridors. The property is located near many national retailers including CVS, Gap, Bath & Body Works, Express and many others. The asking price is $2.295 million.
87-14 Jamaica Avenue in Woodhaven is a 3,300 square-foot fully occupied mixed-use building. The property is a three-story building with one retail store and two three-bedroom apartments. Transportation is easily accessible via the Q56 bus line located along Jamaica Avenue as well as the J subway line at 85th street. The asking price is $1.5 million.
102-15 Liberty Avenue in Ozone Park is a 2,860 square-foot corner, mixed-use building with one ground floor commercial/office unit and two residential units on the second and third floors. The property is situated across from abundant retail including Blink Fitness, Duane Reade, TD Bank, Modells and others. 102-15 Liberty Avenue is conveniently located across from the A subway line. The asking price is $1.55 million.
129-02 Northern Boulevard is a 93,065 square foot acre assemblage located in Flushing, with over 276,000 buildable square-feet as of right. The property is an assemblage of three adjacent lots equating to approximately 3.17 acres. 129-02 Northern Boulevard is currently improved by two buildings and owner-occupied but can be delivered vacant. The property is in a convenient location with easy access from Northern Boulevard, the Van Qyck Expressway and Whitestone Expressway. LaGuardia airport is located less than ten minutes away. Additionally, the 7-subway train is within walking distance. For asking price, inquire within.
134-35 Springfield Boulevard is a 20,200 square-foot partially-vacant medical office building with on-site parking located in Laurelton. This is an ideal opportunity for an investor or an owner/user looking to occupy space within the building. The lot also benefits from an additional 29,449 square-feet of as of right air rights for commercial or residential development. The LIRR and Belt Parkway are both in close proximity. The asking price is $7.5 million.
Northern Bell Plaza located at 213-07 Northern Boulevard in Bayside is a fully-occupied three-story retail and office building with on-site parking. The building consists of seven tenants occupying eight commercial units. This is a prime location with over 34,000 vehicles passing daily and with the Bayside LIRR is located only two blocks away. The asking price is $15.5 million.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.