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A blog for breaking sales and neighborhood real estate news.

A commercial building at 164-14 Cross Bay Boulevard, located between 164th and 165th Avenues in Howard Beach, Queens, was sold in an all cash transaction valued at $2,750,000.

The two-story property is approximately 10,000 square feet and sits on a 140’ x 95’ lot.  The building is split between two floors with two adjoining parking lots. It benefits from 140 feet of frontage on Cross Bay Boulevard and its close proximity to national tenants and long standing local businesses. The sale price equates to $296.34 per square foot.

“We were able to find the perfect buyer for this asset who will greatly benefit from the prime exposure and frontage on Cross Bay Boulevard,” said Massey Knakal Director of Sales Stephen Preuss who exclusively handled this transaction.

Click here for press release

Neighborhoods: Howard Beach/ Agents: Stephen Preuss