NEW YORK, NY August 17, 2018 — Cushman & Wakefield today announced that the brokerage firm has been retained on an exclusive basis to arrange the sale of two luxury, mixed-use multifamily buildings located in North Queens.
A team led by Senior Managing Director Stephen R. Preuss, with Director Denise Prevete, Associate Director Kevin Louie, and Senior Associates Andreas Efthymiou and Kevin Schmitz will represent the sellers in all marketing efforts.
“With convenient transportation options and an abundance of new development, College Point and Downtown Flushing have become sought-after residential and commercial destinations,” said Stephen R. Preuss of Cushman & Wakefield. “Future buyers will benefit from the location and accessibility of these properties, in addition to each property’s exceptional features.”
14-34 110th Street in College Point is a 69,918-square-foot waterfront luxury, mixed-use multifamily building situated on the East River / Flushing Bay waterfront. The seven-story building features 34 residential units, approximately 24,150 square feet of commercial space, a large lobby and 68 parking spaces. The residential portion offers studio, one-bedroom and two-bedroom units with high-end finishes. Building amenities include laundry rooms on each floor, storage space and a roof deck. The asking price is $19.5 million.
133-20 Avery Avenue is a 31,373-square-foot, luxury mixed-use multifamily building located in Downtown Flushing. The property includes 23 residential units, one large commercial/community facility unit, and 12 parking spaces. The residential portion is made up of one-bedroom and two-bedroom units, each with high-end finishes. The ground floor commercial unit is occupied by an early childhood learning center. Building amenities include laundry on the lower level of the building and balconies in each apartment. The firm is currently taking offers for the property.
Both properties are conveniently located near MTA bus lines. 14-34 110th also offers easy access to the Whitestone Expressway, while 133-20 Avery Avenue is situated near the 7 subway train and the LIRR.
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.