FOR BREAKING NEWS VISIT WWW.QNS.COM JANUARY 11, 2018 • THE QUEENS COURIER 19
Bayside building sold to new owner for over $13M
BY SUZANNE MONTEVERDI
smonteverdi@qns.com / @smont76
A commercial building in Bayside has
seen a change in ownership for a substantial
sum.
The 10,092-square-foot, one-story
building at 42-31 Bell Blvd. was sold by
Midwood Investment & Development to
new owner Hersel Sonobolian for $13.5
million. Th e building property is currently
split into three units, which are fully
leased.
Bank of America, which takes up the
largest 5,376-square-foot corner space,
has a lease through March 2024. Waggers
Dog Daycare, which has a lease through
October 2019, takes up the adjacent
property. Th e fi nal space is Erawan Th ai
Cuisine, which has a lease through April
2024.
Th e property also consists of a 20-space
parking lot. Approximately 22,814 square
feet of developable vertical space exists
atop the building.
Located on the neighborhood’s prime
retail strip, the building is two blocks
south of the Long Island Rail Road
(LIRR) Bayside station and in close proximity
to multiple bus lines. Neighboring
businesses include Chase, Flushing Bank,
Bareburger and Cinco de Mayo.
A Cushman & Wakefi eld brokerage
team consisting of Vice Chairman
James Nelson, Senior Managing Director
Stephen Preuss and Senior Associate
Carly Weinreb represented the seller.
“Th e property presented the buyer
with an exceptional opportunity to
acquire a fully leased, zero maintenance
property,” Nelson said. “Th e property is
located in a prime retail destination in
Queens and off ers the potential for significant
expansion.”
Come Party & Dine
with the ‘Best’
It was a long, hard-fought battle.
Competition was fi erce but in the end,
the 2018 “Bethpage Best of the Boro”
winners triumphed.
And now it’s time to celebrate these
superior businesses.
On Th ursday, January 25, Schneps
Communications Events will be hosting
a “Bethpage Best of the Boro”
Winners’ Party at Russo’s on the
Bay 162-45 Cross Bay Blvd., Howard
Beach, NY 11414 from 6 to 9 p.m.
Th e Bethpage Best of the Boro
Winner’s Party is a celebration that
brings the best into one room for an
evening of dinner, entertainment, and
networking.
Th e public is invited to meet these
winners – and to party, have fun, and
mix and mingle with the best the borough
has to off er.
Tickets are $50 per person and
include an awesome evening of networking
and entertainment, copies
of the 2018 Winner’s Guide, delicious
hors d’oeuvres, and an elegant
buff et dinner. Th e evening will be far
and away the “best,” so we hope to see
you there!
If you’d like an expo table to promote
your business, call 718 224 5863,
ext 244.
To purchase your tickets,
email bestof@schnepscommunications.
com, call 718 224 5863 ext. 244 ,
or go to http://bestof.qns.com/product/
winner-party/
Nominate a ‘Star Under 40’ Today
Do you know a young professional
under the age of 40 who deserves to be
recognized?
Does he or she go above
and beyond, professionally,
civically, or personally?
Th en nominate him or
her to be a “Star Under 40.”
S c h n e p s
Communications Events
has been connecting people
and helping them grow
their business for more
than 15 years.
On Tuesday, February 13
we will be paying tribute to
young professionals under
the age of 40 who exemplify
outstanding leadership
skills, not only in their chosen
fi elds, but in their communities
in the New York
City region.
Th e event will be held
this year at the Knockdown
Center, 52-19 Flushing
Avenue in Maspeth, from
6 to 9 pm. Th e evening will
include a cocktail hour for
honorees and their guests,
a business expo, a dinner
and an awards ceremony.
Raffl es will be sold
throughout the event with
the proceeds to benefi t
charity.
Th e event is sponsored by
Investors Bank, National
Grid, Mazars, Dale
Carnegie, Broadway Stages,
and Godiva. Media sponsors
include Th e Queens
Courier, QNS, Long Island
Press, Bethpage Best of the
Boro and the Daily News.
For sponsorship or exhibitor
opportunities, contact
Tonia N. Cimino at 718-
224-5863, Ext 227 or
email tcimino@schnepscommunications.
com.
To submit a nomination for the 2018
Stars Under 40, visit www.schnepscommunicationsevents.
com/nominate.
SAVE THE DATE 2.13.18
Presents
AWARDS & NETWORKING EVENT
Honoring young professionals under 40 years old who
exemplify outstanding leadership skills, not only in their
NOMINATE TODAY
http://www.schnepscommunicationsevents.com/nominate/
Knockdown Center
52-19 Flushing Avenue, Maspeth, NY 11378
6-9PM
For tickets, visit www.schnepscommunicationsevents.com
For sponsorship or exhibitor opportunities please call Amy, 718.224.5863 Ext 201
or email: aamato@schnepscommunications.com
Sponsored by: Media Sponsors:
Photo via Google Maps
42-31 Bell Blvd.