New York, NY – A 12,915-square-foot residential building in Flushing, Queens. Ownership is currently seeking investors for this opportunity.
A Cushman & Wakefield team consisting of Stephen R. Preuss, Kevin Louie and Charlie Dupont will be leading the marketing efforts on behalf of the property’s seller, Castleview, LLC and The Gordian Group of New York.
“143-28 Cherry Avenue is one of the most prime residential properties currently on the market in Flushing,” said Stephen R. Preuss of Cushman & Wakefield. “This building presents an excellent opportunity for an investor to acquire a centrally located, well-maintained multi-family property.”
143-28 Cherry Avenue is a twenty-unit corner brick walk-up apartment building in downtown Flushing. The unit mix consists of four studios and sixteen one-bedroom units, with only one vacant apartment. A majority of the apartments have been recently renovated, along with the building’s roof and boiler system. The property is extremely well-maintained with no deferred maintenance.
The property is located within walking distance to Main Street and Roosevelt Avenue with access to the 7 subway train, the Long Island Rail Road and numerous bus lines on Kissena Boulevard. It is within close proximity to a variety of restaurants, bars, bakeries, and other conveniences around Flushing.
About Cushman & WakefieldCushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.