REAL ESTATE The Octagon Building in Whitestone hits market for $26.5M Sales in Queens HOMES – CO-OPS – CONDOS Listings and photos courtesy MLSLI NORTHWEST NORTHEAST SOUTHWEST SOUTHEAST LONG ISLAND CITY BAYSIDE HOWARD BEACH HOLLIS HILLS $400,000 and under 41-14 68th St., Woodside Price: $388,000 Bed(s): 1, condo Bath(s): 1 Broker: Edward Chernoff, Exit Realty First Choice $400,001 - $800,000 42-37 27th St., Long Island City Price: $645,000 Bed(s): 1, condo Bath(s): 1 Broker: Wonwoo Chang, Chang Realtors $800,001 and more 25-63 38th St., Astoria Price: $1,499,000 Bed(s): 3, single-family home Bath(s): 1 full, 1 half Broker: Francesco Marino, F.S. Marino Realty $400,000 and under 10-24 166th St., Beechhurst Price: $310,000 Bed(s): 3, co-op Bath(s): 1 Broker: Marjorie Tornatore, Douglas Elliman Real Estate $400,001 - $800,000 75-28 168th St., Fresh Meadows Price: $668,000 Bed(s): 3, single-family home Bath(s): 1 full, 1 half Broker: Li Li Bian, Winzone Realty $800,001 and more 39-20 Corporal Stone St., Bayside Price: $1,199,000 Bed(s): 6, single-family home Bath(s): 3 full Broker: Christopher Degeorge, Keller Williams Realty Landmark $400,000 and under 95-20 76th St., Ozone Park Price: $200,000 Bed(s): 3, single-family home Bath(s): 1 Broker: Andy Baez, Surrey Place Realty $400,001 - $800,000 78-11 151st Ave., Howard Beach Price: $699,999 Bed(s): 3, single-family high ranch Bath(s): 4 Broker: Carolyn DeFalco, RE/MAX Liberty Inc. $800,001 and more 102-33 86th Ave., Richmond Hill Price: $909,999 Bed(s): 6, two-family home Bath(s): 4 full, 1 half Broker: Marcia Guevara, Winzone Realty PICTURED LISTING $400,000 and under 221-89 Manor Rd., Queens Village Price: $200,000 Bed(s): 2, co-op Bath(s): 1 full Broker: David Stein, Keller Williams Realty Gold Coast $400,001 - $800,000 219-11 131st Ave., Laurelton Price: $569,900 Bed(s): 4, two-family home Bath(s): 3 full Broker: Claudette Northover, Analex Realty $800,001 and more 215-15 86th Ave., Hollis Hills Price: $1,488,000 Bed(s): 4, one-family colonial Bath(s): 3 full, 1 half Broker: Roya Cohen, Keller Williams Realty Gold Coast BY ANGY ALTAMIRANO [email protected] @aaltamirano28 A Whitestone offi ce building — described as a “trophy asset” in its market and which housed vitaminwater and smartwater offi ces — has been put up for sale, according to real estate fi rm Cushman & Wakefi eld. The Octagon Building, located at 17-20 Whitestone Expwy., is a 63,110-square-foot, fi ve-story, elevator-serviced building with 235 feet of frontage, offering extensive visibility from the Whitestone Expressway. The property, which includes on-site parking with 200 spaces, is currently going for the asking price of $26,500,000 and is exclusively being sold by Cushman & Wakefi eld. “This is a trophy asset in the Queens offi ce building market with extremely high visibility on the Whitestone Expressway,” said Thomas A. Donovan of Cushman & Wakefi eld, who is exclusively marketing the property with Stephen R. Preuss. “It is the location where vitaminwater and smartwater were created and offers a potential corporate headquarter location along with a substantial signage opportunity.” The building will be given at 97 percent occupancy, currently consisting of 15 tenants and 20 offi ce suites. Additional income is available from two roof antennas, Fed-Ex/UPS pickup boxes, and an electronic billboard, according to the real estate fi rm. The Octagon Building is located close to LaGuardia Airport, three major highways — the Long Island Expressway, Cross Island and Grand Central parkways — and various bus lines. It is also near the Throgs Neck and Whitestone bridges. Photo courtesy of Cushman & Wakefi eld
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