The mixed-use property located at 44-61 11th St. in Long Island City, New York, has been sold for $10.5 million. The three-story building spans 18,500 square feet and comprises retail and office spaces. The property is fully leased to four separate tenants. The sale was facilitated by Cushman & Wakefield, with Stephen Preuss representing the undisclosed seller.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $10,500,000.00
• Address: 4461 11th St, Queens, NY, 11101
• Market: Long Island City
• Seller's Rep: Stephen R. Preuss Sr. (Ripco)
• Buyer: Undisclosed
• SF: 18500

Cushman & Wakefield brokered the deal for this mixed-use property, with Stephen Preuss of the firm representing the seller. The buyer's identity remains undisclosed, as both parties agreed to keep their involvement private throughout the transaction. The sale reflects the demand for commercial real estate in the Long Island City market.