Gourianov of KD collaborates with Kines of Kaplon-Belo for $1.9 million

In a transaction valued at $1.9 million, Kalmon Dolgin Affiliates' (KD) Dmitri Gourianov arranged the sale of a 15,000 s/f industrial property located at 212-20/24 99th Ave. in the Queens Village neighborhood, according to Neil Dolgin, executive VP of KD. Gourianov represented the buyer, Public Utilities Maintenance and George Kines of Kaplon-Belo represented the seller, Albert Abney. "Public Utilities is a top local construction firm that sought to expand their current operations from Corona, and the sale of 212-20/24 99th Avenue represented an incredible value featuring both indoor and outdoor space," Gourianov said. 212-20/24 99th Ave. is a 15,000 s/f property comprised of a 10,000 s/f industrial building and a 5,000 s/f lot with a single-family home. The industrial building includes multiple drive-in doors, heavy power, high ceilings and offices on the second floor. Public Utilities will use the warehouse for storage of materials, parking and offices, and the rest of the property for investment purposes. Kalmon Dolgin Affiliates is a 104-year-old, Brooklyn-based real estate firm. In addition to providing brokerage and management services, Kalmon Dolgin has recently purchased over $300 million of its own real estate assets, primarily industrial and medical/office properties.