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CushWake Hired for Sale of Western Queens Parcels
Cushman & Wakefield has been retained on an exclusive basis to arrange the sale of two adjacent development sites located in the Elmhurst section of western Queens. A Cushman & Wakefield team of Vice Chairman Thomas A. Donovan and directors Tommy Lin, Eugene Kim and Robert Rappa will be leading the marketing efforts on behalf of the sellers, who were not identified.
Asking price for the first site, located at 83-02 Queens Blvd., and 51-11 Goldsmith St., is $7.5 million. The second site, located 83-06 Queens Blvd., has a $3-million asking price.
“Situated near popular shopping centers, public transportation and a major expressway, and amongst significant existing and upcoming residential buildings, these properties present a fantastic assemblage prospect for any developer,” said Donovan. Both properties experience daily traffic counts of approximately 50,000.
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition

