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New York & Tri-State  + Outer  + Retail  | 

CushWake Markets Retail Portfolio in Forest Hills

Cushman & Wakefield is marketing the Austin Street Portfolio, a five-building retail assemblage totaling 20,000 square feet on one of the busiest corridors in Queens’ Forest Hills neighborhood. This assemblage is hitting the market for the first time in more than 90 years. 

A Cushman & Wakefield team led by Stephen R. Preuss with Rani Bendary and Andreas Efthymiou is marketing the assemblage on behalf of the seller, Stockman Holding Company, LLC.

“Austin Street is well-known as one of the most active retail corridors in the entire city,” said Preuss. “This portfolio offers a strong mixed-use investment opportunity with the option to purchase as a package or individually.”

The Austin Street Portfolio consists of five properties located at 7164-7166 Austin St., 72-02 Austin St. 72-04 Austin St., 72-08 Austin St. and 72-50 Austin St. The portfolio will be delivered 54% vacant.


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition