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Cushman & Wakefield Retained as Exclusive Agents for Four Properties in Queens

10/28/2019
Cushman & Wakefield announced today that the firm has been retained on an exclusive basis to arrange the sale of four new listings of different-use properties located in Queens.

Queens, NY – The properties are situated in the Astoria, Corona, Kew Gardens and Flushing neighborhoods.

A Cushman & Wakefield team led by Vice Chairman Stephen R. Preuss and consisting of Andreas Efthymiou, Rani Bendary, Kevin Schmitz and Kevin Louie are representing the sellers in all marketing efforts.

“A school building, residential development site, multifamily property and retail space comprise this unique Queens mix of properties,” said Preuss. “These listings offer many different opportunities across neighborhoods in Queens and speak to the borough’s vibrant economic activity.”

30-75 Steinway Street is a 4,600-square-foot, three-story office space property in Astoria, Queens. Located on the West side of Steinway Street between 30th and 31st Avenues, this property was recently gut renovated and is currently fully occupied by Atlantic Bank. The property is within close walking proximity to the M, R, N and Q trains, as well as multiple bus services. The asking price is $2.95 million.

111-15 37th Avenue is a 4,830-square-foot, four-story multifamily property located in the Corona neighborhood of Queens. The property has R6B zoning and features four large, full-floor three-bedroom and two-bathroom units. The building comes equipped with several on-site parking spaces and is within direct proximity to the Grand Central Parkway, Northern Boulevard and Roosevelt Avenue. The 7 train is accessible a short distance away at the 111th Street Station. The asking price is $1.8 million.

116-14 Grosvenor Lane and 82-91 116th Street is a residential development site with 26,912-buildable-square-feet and 50’ of frontage on Grosvenor Lane in the heart of Kew Gardens just off Metropolitan Avenue. The property has R7A zoning and a short distance to The Kew Gardens LIRR station. The asking price is $4.1 million.

196-25 42nd Avenue is a 16,534-square-foot school property located in Flushing, Queens with R3-2 zoning. Located on the corner of 42nd Avenue and Francis Lewis Boulevard, this property was recently built in 2014. The building is comprised of three-floors of classrooms, a lower-level gym, a music room and play area and a rooftop playground. This property is located just minutes away from the Auburndale LIRR station, as well as multiple bus stops and the Clearview Expressway. The asking price is $13.5 million.

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 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.

Cushman & Wakefield Media Contact

Michael Boonshoft New York Communications
Michael Boonshoft

Director, Americas PR & External Communications • New York

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