Avison Young to market two-acre portfolio in Queens

Glendale package includes industrial building and large vacant lot

New York /
Jul.July 31, 2014 03:30 PM

Commercial real estate services firm Avison Young has been tapped to market a 94,000-square-foot Cooper Avenue Portfolio in Glendale, Queens.

The property is comprised of eight lots on more than two acres, including an industrial building, vacant land, two parking lots and two attached single-family homes, which will be delivered vacant. The site is less than half a block from The Shops at Atlas Park, a 313,000-square-foot mall that was developed in 2005.

Vice President Jason Meister said that the offering presents an opportunity for retail developments, industrial users as well as real estate developers who are “seeking to capitalize on the strengthening real estate fundamentals in this burgeoning Queens neighborhood.”

The vacant Cooper Avenue parcel and the larger main building and one parking lot consist of 347 feet of frontage on Cooper Avenue that can be developed into retail. In total this presents 80,625 buildable square feet that could be redeveloped into retail.

The site used to be home to Hansel ‘n Gretel deli products, which opened its doors in 1872. — Claire Moses


Related Articles

arrow_forward_ios
A photo illustration of Metro Loft Developers’ Nathan Berman and a rendering of the planned office space at 56 North Moore (Getty, Metro Loft Developers, ODA)
Berman’s Metro Loft eyes alternatives for Tribeca office development
Berman’s Metro Loft eyes alternatives for Tribeca office development
Avison Young’s Keith Caggiano and Roshan Shah with 650 Madison Avenue (Avison Young, Vornado Realty Trust, Getty)
CRE brokers wrestle over $900K commission for 650 Madison
CRE brokers wrestle over $900K commission for 650 Madison
Mitti Liebersohn and Arthur Mirante
Mirante, Liebersohn jump to Savills from Avison Young
Mirante, Liebersohn jump to Savills from Avison Young
Avison Young acquires Singer & Bassuk Organization
Avison Young acquires Singer & Bassuk Organization
Avison Young acquires Singer & Bassuk Organization
The share of vacant sublease space in the total vacancy was 16.5 percent, the highest since 2005. (iStock)
Office vacancy rate in New Jersey nears 19%
Office vacancy rate in New Jersey nears 19%
(iStock)
These were Manhattan’s best office submarkets in Q4
These were Manhattan’s best office submarkets in Q4
Yaakov Zar and Justin Piasecki (Photos via Lev Capital)
Tech brokerage Lev Capital nabs Avison’s Justin Piasecki
Tech brokerage Lev Capital nabs Avison’s Justin Piasecki
Avison Young CEO Mark Rose
Avison Young trims tri-state workforce
Avison Young trims tri-state workforce
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...