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

Massey Knakal Retained Exclusively To Sell Medical / Office Building In Astoria

01/30/2014

Massey Knakal Realty Services has been retained on an exclusive basis to sell a medical / office  building at 30-74 31st Street. The property is located between 30th Drive and 31st Avenue in the Astoria neighborhood of Queens. The asking price is $8,000,000.

The six-story building contains approximately 11,630 square feet and sits on a 30’ x 80’ lot.  It consists of five units of office and medical examination space, with a front balcony located on the fifth floor.  The building holds an additional 1,500 square feet available for office or storage use below.  The spaces are currently leased to Mount Sinai Medical Center and private medical practices.  This property requires minimal management.

This property is conveniently located near various transportation options, with the N and Q trains, multiple bus lines, and traffic arteries all servicing the area.  Mount Sinai Queens medical center, slated to undergo a $125 million expansion, is located within walking distance of the property as well.

This property is being marketed exclusively by Massey Knakal’s Evan J. Daniel and Jeffrey A. Shalom.

Massey Knakal specializes in the sale of investment and user properties in the New York Metropolitan area. Since 1988, our agents have closed over 4,700 transactions having a market value in excess of $19 billion.

www.masseyknakal.com

01/30/2014 - 10:29

Source

Cushman & Wakefield Capital Markets Group New York

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