Cushman & Wakefield Arranges $7 Million Sale of Retail Building in Queens

by Alex Tostado

New York City — Cushman & Wakefield has arranged the $7 million sale of an 8,730-square-foot retail building in the Jackson Heights neighborhood of Queens.

Located at 84-02 Roosevelt Ave., the property is situated in an R6/C1-3 zoning district, which allows for a maximum mixed-use development potential of 35,000 square feet. Stephen Preuss of Cushman & Wakefield represented the seller, LDG Associates LLC, in the transaction. The buyer was Malachite Services LLC.

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