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CushWake Markets Three Astoria Parcels with Approved Plans
Cushman & Wakefield has been retained to arrange the sale of three properties located in Queens’ Astoria neighborhood, all with fully-approved development plans in place. Prices range from $1.8 million to $3.3 million.
A team led by Senior Managing Director Stephen R. Preuss will represent the sellers in all marketing efforts, with associate director Andreas Efthymiou. The properties include 23-61 and 23-71 31st St., which are approved for a six-story mixed-use building of approximately 9,902 square feet; and 1220-1222 Astoria Blvd., an irregular shaped lot representing 14,106 buildable square feet.
“These properties are rare opportunities to capitalize on the growing demand for new construction space in the Astoria and Long Island City neighborhoods,” said Preuss. “Future owners will benefit from the increasing number of investments in the area, as well as its accessibility and proximity to Manhattan.”
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition
