Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Massey Knakal Retained Exclusively To Sell Corner Parking Garage Condominium Located In Flushing

05/08/2013

Massey Knakal Realty Services has been retained on an exclusive basis to sell agarage condominium situated in the Regency Plaza Condominiumsat 132-03 Sanford Avenue(41-45 College Point Boulevard). The property is located on the corner of Sanford Avenue and College Point Boulevard in the Flushing neighborhood of Queens. The asking price is $2,750,000.

The two-level below-grade space contains approximately 25,273 gross square feet.  The garage occupies the cellar and sub-cellar which are connected by a ramp, and contains two street level entrances on Sanford Avenue and College Point Boulevard.  It features 24-hour parking complete with 105 legal parking spaces with potential for more spaces with park attendants’ assistance.    The property is currently occupied by an owner-user and can either be delivered vacant or the current owner may consider staying on to manage the garage business for the new owner if needed.

Ideally located just blocks from Downtown Flushing, Flushing Hospital, and the Sky View Parc Development, the Regency Plaza Condominiums consist of 56 total units including retail units on the ground floor.

“This is a great opportunity for an investor or user to acquire one of the few parking garages in the dynamic Flushing marketplace,” said Massey Knakal Director of Sales Stephen R. Preuss, who is exclusively marketing this property.

For more information on this listing, contact Stephen R. Preuss at 718.275.3400.

Massey Knakal specializes in the sale of investment and user properties in the New York Metropolitan area. Since 1988, our agents have closed over 4,500 transactions having a market value in excess of $17 billion.

www.masseyknakal.com

05/08/2013 - 14:31

Source

Cushman & Wakefield Capital Markets Group New York

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