Cushman & Wakefield Arranges $23 Million Sale of Development Site in New York

The development site in Queens allows for up to 67,989 square feet of mixed-use space. The development site in Queens allows for up to 67,989 square feet of mixed-use space.

New York City — Cushman & Wakefield has arranged the sale of a corner development site located in the Flushing neighborhood of Queens.

NY EZ Property Holdings LLC acquired the site from 141-57 Northern Boulevard Inc. for $23 million. The 22,663-square-foot lot allows up to 67,989 square feet of mixed-use development. The site currently houses a 14,200-square-foot building occupied by a commercial tenant and Bank of America. Stephen Preuss and Stephen Palmese of Cushman & Wakefield represented the seller in the deal.

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