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

Massey Knakal Retained Exclusively To Sell The Landmark Building - Retail/Office Building In Flushing

08/26/2013

Massey Knakal Realty Services has been retained on an exclusive basis to sell The Landmark Building, a retail and office building at 41-60 Main Street. The property is located on the southwest corner of Main Street and Sanford Avenue in the Flushing neighborhood of Queens. The asking price is $88,000,000.

The three-story elevator serviced building contains approximately 100,500 square feet and sits on a 251.41’ x 103.16’ irregular lot.  It consists of 10 retail units, 38 office units, and nine basement storage units, and is anchored by Capital One Bank, New York Community Bank, United International Bank, and East West Bank.  Located in the highly desirable downtown Flushing area, the property features approximately 251 feet of frontage on Main Street and 100 feet on Sanford Avenue, both of which enjoy a tremendous amount of foot traffic.

It is very rare to see an asset of this size and stature in this prime location available for sale.  This is a great opportunity for an investor to make a real statement in the Queens retail/office sector.

For more information on this listing, contact Massey Knakal’s Thomas A. Donovan or 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

08/26/2013 - 08:03

Source

Cushman & Wakefield Capital Markets Group New York

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