KDA reps seller Midland Realty in $2.8 million sale of 16-18 Decatur Street in Queens

Kalmon Dolgin Affiliates (KDA) has arranged the sale of a 17,000 s/f property at 16-18 Decatur St. in the Ridgewood section of the borough for $2.8 million. Kalmon Dolgin and Neil Dolgin, co-presidents of KDA, made the announcement. KDA brokers Neil Dolgin and Grant Dolgin represented the seller, Midland Realty, LLC. Sholom & Zuckerbrot Realty LLC negotiated on behalf of the buyer, JHS Acquisitions LLC. Prior to its sale, 16-18 Decatur St. was used for the warehousing and distribution of flooring materials. The property offers 40-ft. ceilings throughout the majority of the space, double interior loading docks, and one drive-in door. The fully sprinklered space offers gas heat and an alarm system. The building's new owner is an artist, and plans to use the one-story building as a studio. Located between Wycoff and Cypress Aves., 16-18 Decatur St. occupies the full property lot, which runs from Decatur St. back to Cody Ave. Access is available to the B20 bus route, L subway line, the Jackie Robinson Pkwy., and Jamaica and Atlantic Aves.

Tags: Brokerage

Reprint

Previous Story Next Story

Liberow and Benshar of Asset CRG Advisors arrange $18.1 million ground lease transaction for 358 Flatbush Ave. development site

Brooklyn, NY Asset CRG Advisors recently facilitated the disposition of 358 Flatbush Ave., a Brooklyn development site situated at the intersection of Park Slope and Prospect Heights overlooking Grand Army Plaza and Prospect Park.

BKM Capital Partners and Kayne Anderson Real Estate acquire a $1.8 billion portfolio of light industrial assets

BKM and Kayne Anderson acquire a $1.8b portfolio of light industrial assets

The Durst Organization inks 12,456 s/f lease

Marcus & Millichap arranges sale of skilled nursing facility in Hoosick Falls

M&M arranges sale of skilled nursing facility in Hoosick Falls

Pangram Labs signs 6,000 s/f lease at 25 Flatbush Ave.

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Movers & Milestones

Fisher Brothers hires Frey and Williams as senior leaders

Columns and Thought Leadership

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent