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Brokerage
Posted: June 27, 2011
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.
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