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

Massey Knakal Sells Assemblage In Woodhaven

01/03/2013

Two lots at 91-32 75th Street and 91-05 Eldert Lane, located between 91st and 93rd Avenues in the Woodhaven section of Queens, was sold in an all-cash transaction valued at $1,750,000.

The first lot consists of a one-story industrial building, containing approximately 9,668 square feet on a 44’ x 170’ irregular lot.  It has 14 foot ceilings throughout, two overhead doors, new gas blowers, three exhaust fans, new roof drainage, a partial basement, and high power electrical service.  The second lot is a paved vacant 55’ x 205’ irregular lot with two large storm drains and a high security gate, ideal for parking. 

The entire property was delivered vacant, and offers an excellent residential and/or commercial development opportunity.  It is conveniently located just south of Roackaway Boulevard and just north of Atlantic Avenue.

“The assemblage included a renovated warehouse along with a large parking lot ideal for this particular industrial buyer,” said Massey Knakal Director of Sales Brian R. Sarath, who exclusively handled this transaction with Director of Sales Stephen R. Preuss.

Massey Knakal specializes in the sale of investment and user properties in the New York Metropolitan area. Since 1988, our agents have closed over 4,200 transactions having a market value in excess of $15 billion.

www.masseyknakal.com

01/03/2013 - 15:14

Source

Cushman & Wakefield Capital Markets Group New York

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