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ERG Property Advisors Announces the Exclusive Availability of a Luxury Multifamily Building For Sale in Queens

Queens, New York – January 16, 2017 – ERG Property Advisors is pleased to announce the exclusive availability of 54-14 111 Street in Queens, NY!

Located in the prime section of Corona, Queens, the property consists of 8 residential units and 6 parking spaces. Every apartment has oak floors, floor to ceiling tiled bathrooms, balconies and accessible laundry in the basement. It was constructed in 2013 and benefits from a 421A tax abatement. The building is current vacant.
 
The property is within a 5 minute drive from Queens Center Mall and nearby transportation includes Q23, Q58, Q72 and the 7 subway line. JFK and LGA are just 15 minutes away.
 
The asking price is $5,000,000.  Anthony Presutto and Frank Mancuso are representing the property.
 
For more information about this property, please contact Anthony Presutto at 646-253-0952 or apresutto@ergpa.com and Frank Mancuso at 646-253-0950 or fmancuso@ergpa.com.
 

About ERG Property Advisors
 
ERG Property Advisors is a full-service commercial brokerage company based in New York City. Our core activities are investment sales, mortgage brokerage and direct capital services. While focused on the broader New York City area as a company, ERG also offers specific market knowledge at the submarket level. Beyond core New York City properties, ERG’s Retail Division specialize in the disposition of commercial investment real estate property nationally with a focus on freestanding Net-Lease properties. In addition to assisting property owners and prospective buyers, ERG provides banks, appraisers, attorneys, and accountants with information and skill sets that support them in their respective roles. Through strategic alliances with select companies we are able to offer our clients access to mortgage brokerage, direct capital services and investment sales brokerage. Visit www.ergpa.com for recent deals and press coverage. 
 



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