Share on FacebookTweet about this on TwitterEmail this to someone
Share on FacebookTweet about this on TwitterEmail this to someone
Courtesy  of PropertyShark/Scott Bintner
Courtesy of PropertyShark/Scott Bintner

BY KIRSTEN E. PAULSON

A 21,058-square-foot corner building located at 14-29 112th St. in College Point is selling for $4.4 million, according to an announcement by real estate firm Cushman & Wakefield.

The industrial and office building is located on a 35,060-square-foot lot and was formerly the site of a medical facility with light industrial activity. The facility will be closing up shop and leaving the premises within the year.

The site is described as ideal for an owner-user. Stephen Preuss, executive director of Cushman & Wakefield, said, “The most common buyers are owner-users — people who will purchase the property and use it for their own business. There’s a lack of usable industrial and warehouse property because a lot of land in Queens is now taken up by residential development sites. Owner-users are the most interested and the most aggressive parties looking at this property.”

RECOMMENDED STORIES

Flushing Met Food Market to close after July 26

Buffalo Wild Wings to open in College Point

NYPD to sign 20-year lease for College Point tow pound

Comments:

Join The Discussion



Related Stories
Op-ed: Queens real estate market is still heating up
Op-ed: Queens real estate market is still heating up
A new 17-story Ridgewood building is on the market for $35M before it’s even built
A new 17-story Ridgewood building is on the market for $35M before it’s even built
Popular Stories
Photo by Angela Matua/QNS
Formerly homeless New Yorkers will now help clean and maintain Queens' Roosevelt Avenue
Photo by Robert Stridiron
Firefighters rescue three trapped workers following a construction accident in Astoria
Photos by Robert Stridiron
Man takes a deadly fall during the morning rush at a Jackson Heights train station


Skip to toolbar