Multifamily buildings in College Point and Flushing hit the market for some big bucks

Photos via Cushman & Wakefield

Two luxury apartment buildings in College Point and Flushing, both of which are less than 20 years old, are now for sale to potential investors.

Cushman & Wakefield announced that it’s handling the sale of 14-34 110th St., a nearly 70,000-square-foot “waterfront, luxury, mixed-use, multifamily building” along the East River and Flushing Bay.

The building, constructed in 2002 and priced at $19.5 million, includes 34 residential units above 24,150 square feet of commercial office space and 68 parking spaces. The apartments range from studio units to two-bedroom dwellings, all of which have “high-end finishes.”

Residents at the 110th Street structure enjoy a litany of amenities including laundry rooms on each floor, storage spaces and a rooftop deck.

Meanwhile, Cushman & Wakefield is also representing the owners of 133-20 Avery Ave., a seven-story, mixed-use building constructed in 2008. However, the firm doesn’t have a set price for the building, although it is currently taking offers for the property.

133-20 Avery Ave.
133-20 Avery Ave.

Located in Downtown Flushing, the Avery Avenue structure features 23 residential units, one large ground floor commercial/community facility unit and 12 parking spaces. The housing stock includes one- and two-bedroom apartments with high-end finishes and balconies.

The ground floor commercial space is currently occupied by an early childhood center.

“With convenient transportation options and an abundance of new development, College Point and Downtown Flushing have become sought-after residential and commercial destinations,” said Stephen R. Preuss of Cushman & Wakefield. “Future buyers will benefit from the location and accessibility of these properties, in addition to each property’s exceptional features.”

Visit cushmanwakefield.com for additional details.

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