Cushman & Wakefield Brokers $3.2M Sale Of Industrial Asset In Woodside

The industrial asset located at 3755 61st St, Queens, NY, 11377 in the Woodside neighborhood of Queens was sold for $3,200,000.00. The property spans 6,200 square feet and includes office space. The deal was facilitated by Rani Bendary and Stephen R. Preuss Sr. of Cushman & Wakefield, representing private investors on both sides. A notable feature of the site is its potential for future expansion, allowing for an additional 9,600 square feet.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,200,000.00
• Market: Woodside
• Buyer's Representative: Rani Bendary (Cushman & Wakefield), Stephen R. Preuss Sr. (Ripco)
• Seller: Unknown
• SF: 6,200

The $3.2 million sale of the industrial asset at 3755 61st St was brokered by Stephen Preuss and Rani Bendary of Cushman & Wakefield, who represented private investors. The deal showcases the expertise and negotiation skills of these professionals in the real estate market, ensuring a successful transaction for both parties involved. The site's potential for future expansion adds further value to the property, making it an attractive investment opportunity in the Woodside neighborhood of Queens.