By NATHAN DUKE
Cushman & Wakefield announced last week that it has been retained to arrange the sale of two luxury mixed-use multifamily buildings in Northeast Queens.
One property, located at 14-34 110th St. in College Point, is a 69,918-square-foot waterfront building situated on the East River and Flushing Bay waterfront. The seven-story building features 34 residential units, approximately 24,150 square feet of commercial space, a large lobby and 68 parking spaces. Apartments include studios, one-bedroom units and two-bedroom units with high-end finishes. There are laundry rooms on each floor, storage space and a roof deck. The building’s asking price is $19.5 million.
The second property, located at 133-20 Avery Ave. in Flushing, is a 31,373-square-foot building that includes 23 residential units, a large commercial and community facility unit, and 12 parking spaces. It comprises one- and two-bedroom units with high-end finishes, and the ground floor commercial unit is occupied by an early-childhood learning center. The building’s amenities include laundry facilities on the lower level of the building and balconies in each apartment. Cushman & Wakefield, which has been retained on an exclusive basis, is taking offers for the property.
The buildings are located near MTA bus lines. The College Point property is close to the Whitestone Expressway, while the Flushing building is located near the 7 train and Long Island Rail Road.
“With convenient transportation options and an abundance of new development, College Point and Downtown Flushing have become sought-after residential and commercial destinations,” said Stephen R. Preuss, a senior managing director with Cushman & Wakefield. “Future buyers will benefit from the location and accessibility of these properties, in addition to each property’s exceptional features.”
Reach editor-in-chief Nathan Duke via email at firstname.lastname@example.org.