Preuss and Sarath of Massey Knakal broker $1.1 million sale of two mixed-use buildings in Queens
Two mixed-use buildings at 131-11/13 Rockaway Blvd., located in South Ozone Park, was sold in an all cash transaction valued at $1.1 million. The two contiguous lots are each 20'x 103' and contain a two-story mixed-use building that is 2,400 s/f. Each building has one commercial space on the ground floor and two apartments above.
All the apartments were recently gut renovated with new electrical, plumbing, ceilings, appliances, and bathrooms. There is a parking lot located in the rear of the buildings.
Massey Knakal director of sales Stephen Preuss exclusively represented the seller with director of sales Brian Sarath.
"These properties are ideally located between the Van Wyck Expressway and the Aqueduct in a busy retail portion of Rockaway Blvd.," said Preuss.
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.
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
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
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