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QC09112014

16 The Queens Courier • september 11, 2014 for breaking news visit www.queenscourier.com THE COURIER/Photo by Liam La Guerre Plans filed for 28-unit mixed-use residential building BY LIAM LA GUERE lguerre@queenscourier.com @liamlaguerre Plans for a new six-story mixed-use residential and commercial building in Astoria were filed with the Department of Buildings on Sept. 4. There will be 28 apartments in the building and 17 enclosed parking spaces on the lot at 26-05 28th St., which is currently vacant land, according to the filings. The building, designed by Karl Fischer Architect, will have 20,578 square feet of residential space and an additional 4,355 square feet of space for commercial use. The block is filled with residential apartments, and just a few properties down on 26-25 28th St., another residential apartment building with nearly 30 units looks to be nearing completion. However, it was recently hit with a partial stop work order. Photo courtesy of Terrace Sotheby’s International Realty Forest Hills Tudor home sells for $1.47M BY LIAM LA GUERE lguerre@queenscourier.com @liamlaguerre The 2,163-square-foot house, located at 97-11 70th Ave., has a two-car garage and an open living room with fireplace. The home is also located just a couple of blocks away from the Forest Hills LIRR station and the E, F, M, R train subway station on 71st Avenue. The house’s kitchen has custom cherry cabinets with granite countertops, and the basement has a large finished family room with a half-bath, laundry room and storage room. Daniel Gale Sotheby’s International Realty opens first Queens office BY LIAM LA GUERE office representatives said. lguerre@queenscourier.com “Queens is a vibrant and exciting place, @liamlaguerre with its many diverse communities attracting potential homeowners from Manhattan, Daniel Gale Sotheby’s International Realty held its grand opening ribboncutting Brooklyn and the world,” said Queens native Donna Rubertone, who will lead the sales team. “Queens is widely appealing to many people of all ages who at one time looked to Brooklyn as a place to live.” As appropriate for the borough, the office will have 30 experienced agents who collectively speak a variety of languages, including Arabic, Greek, Italian, Mandarin, Croatian, Taiwanese and Fuzhounese. Photo courtesy of Daniel Gale Sotheby’s International Realty Retail building sells for $32M BY LIAM LA GUERE lguerre@queenscourier.com/@liamlaguerre A corner retail building near the heart of Astoria’s Steinway Street commercial strip has been sold for $32 million. Realty service Massey Knakal, which handled the transaction, announced the sale Sept. 5 of 2856- 2860 Steinway St., which occupies the entire block front of 30th Avenue between Steinway and 38th streets in the burgeoning neighborhood. The building houses a trio of long-term leases for New York Sports Club, JPMorgan Chase Bank and Duane Reade in more than 37,000 square feet. The sale breaks down to $627 per square foot. The transaction indicates that investors are coming over from Manhattan and looking for new opportunities elsewhere, according to Massey Knakal chair Bob Knakal. “With the value of retail properties in Manhattan increasing at a record-breaking pace, it is not surprising to see demand spill over into the outer boroughs,” he said. “This transaction is a clear example of that dynamic, as there were many parties bidding who have been primarily Manhattan investors who are now broadening their property searches geographically.” A four-bedroom 1920s Tudor house in Forest Hills was recently picked up for $1.47 million. The house features three floors with twoand a-half bathrooms, and it was renovated inside and out before the sale on Aug. 18, according to Terrace Sotheby’s International Realty which listed the residence. celebration for its first Queens office on Sept. 4. The new Flushing office, located on 35-16B Francis Lewis Blvd., is Daniel Gale’s 22nd sales office in the area. The other branches are scattered throughout Nassau and Suffolk counties. The opening is another sign of the expanding real estate market in Queens, Photo courtesy of Massey Knakal


QC09112014
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