Cushman & Wakefield Named Exclusive Sales Agent for Four Queens Properties

5/23/18

Cushman & Wakefield today announced that the brokerage firm has been retained on an exclusive basis to arrange the sale of four properties in Queens. The properties range in price from $550,000 and $10.5 million.

A team led by Senior Managing Director Stephen R. Preuss, with Director Denise Prevete, Associate Director Kevin Louie, Senior Associate Andreas Efthymiou and Senior Associate Kevin Schmitz will represent the sellersin all marketing efforts.

Future investors will benefit from the high-quality, accessibility and potential of each of these properties,” said Stephen R. Preuss of Cushman & Wakefield. “The offerings present an opportunity for purchasers to acquire ideal assets with exceptional features in convenient, sought-after neighborhoods.”

The individual properties include 142-01 Rockaway Boulevard in Jamaica, a 2,000 square-foot traffic light corner commercial building consisting of one unit currently leased to New York State. The square-footage is spread over two floors, a first floor and cellar. The newly painted, recently renovated property features a new roof, electric, plumbing and HVAC system. The property benefits from 20 feet of frontage on Rockaway Boulevard and average daily traffic of approximately 20,000 cars passing daily.The asking price is $550,000.

The team is also marketing 35-10/10A 156th Street in Flushing, a fully renovated, 5,817 square-foot community facility building utilized as a day-care center.The building sits on two tax lots consisting of a total lot square footage of 7,575. The lower level and first floor both consist of multiple classrooms fit for up to 54 children in grades nursery through kindergarten, plus additional staff. The building has ample office space on the second and third floors, as well as additional storage space and a full backyard complete with a playground. The property will be delivered vacant with the option to assume the current daycare enrollment. The asking price is $3 million.

The properties also include 18-35 130th Street in College Point, a two-story, 11,210 square-foot office/flex building. The property offers a heated, 12-car, motion-sensor garage and storage room, three fully-furnished executive offices with a full bathroom, full kitchen, multiple conference rooms, central heating/AC and two additional half bathrooms. The building will be delivered vacant. The asking price is $4.2 million and is also available for lease.

Additionally, the team is marketing 45-17 Davis Street in Long Island City, a 7,500 square-foot, mixed-used development site. Currently, there’s a 7,125 square-foot warehouse building in place. The property allows for up to approximately 37,500 buildable square-feet and will be delivered vacant. The asking price is $10.5 million.Additionally, 6,330 square feet of air rights are available for sale on the adjacent lot located at 45-16 Pearson Street.

About Cushman & Wakefield

Cushman & Wakefield 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, advisory and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

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