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Queens, New York — Marcus & Millichap has brokered the $4.4 million sale of a 14,257-square-foot retail property in the Jamaica neighborhood of Queens. The three-story property, which was vacant at the time of sale, features 9,280 square feet of ground-floor retail space and roughly 5,000 square feet on the top floors of the building.
The property also includes up to 61,920 buildable square feet for residential use. Scott Plasky and Billy Stephan IV of Marcus & Millichap’s Manhattan office marketed the property on behalf of the undisclosed seller and procured the buyer, a local private investor, in the transaction.