Cushman & Wakefield Named Exclusive Sales Agent for Retail Strip in Queens Village

3/1/18

Cushman & Wakefield today announced that the real estate services firm has been retained on an exclusive basis to market a single-story retail strip for sale 202-06 – 206-24 Hillside Avenue in Queens Village, Queens. The asking price is $9,750,000.

Cushman & Wakefield’s Senior Managing Director Stephen R. Preuss will be leading the marketing efforts on behalf of the seller, Hillside Ave Partners, LLC.

“202-06 – 206-24 offers an exceptional investment and repositioning opportunity,” said Stephen R. Preuss of Cushman & Wakefield. “The property is located on a prime, highly frequented corner in Queens that sees traffic counts of over 26,000 cars daily.”

The 13,750-square-foot retail strip sits on a 20,878-square-foot lot and features six commercial units with five units currently occupied. The property offers on-site parking and 41,758 buildable square feet.

Situated on the southeast corner of Francis Lewis Boulevard and Hillside Avenue, the property is across from the Franhill Plaza shopping center that consists of national retailers including Foodtown, McDonald’s, Dunkin Donuts, the UPS Store and Chase Bank. The property is easily accessible by the Clearview Expressway, Grand Central Parkway, Long Island Railroad and multiple bus lines.

About Cushman & Wakefield

Cushman & Wakefield is a leading global real estate services firm with 45,000 employees in more than 70 countries helping occupiers and investors optimize the value of their real estate. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

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