News:
Brokerage
Posted: August 18, 2020
Nassimian of Highcap Group tapped to sell five-lot assemblage in Astoria
Queens, NY Rodney Nassimian, investment sales associate of Manhattan based investment sales firm Highcap Group, has announced the exclusive listing for the sale of a five-lot assemblage in the Hallets Point neighborhood of Astoria. The addresses are 302 & 304 26th Ave., 26-09 & 26-11 3rd St., and block 910, Lot 15. The property has been family owned since 1980 and will be the first sale in 40 years.
The development opportunity provides 200 ft. of wraparound frontage along 26th Ave. and 3rd St. The lots consist of a two-family, a single family and a few small warehouses to be demolished. The zoning for the site is R6, allowing 20,800 buildable s/f as of right and 45,400 buildable s/f with community facility.
Tags:
Brokerage
MORE FROM Brokerage
Venture Brokerage Group leases 2,100 s/f to CAVA at Victor Crossing
Victor, NY According to Venture Brokerage Group, CAVA, the Mediterranean fast-casual restaurant brand, is coming to 401 Commerce Dr., at Victor Crossing. Janell Vanegas
Quick Hits
 (2).gif)
Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
The art of investing in real estate - by Thomas Donovan
Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
.gif)