Our Firm Made Another Significant Transaction in Downtown Flushing
Represented the Modell Family, Mr. Charles Chan and Mrs. Daphne Chan sold the former Modell building at 39-12 Main Street, Flushing. This iconic building has two entrances, one on Main St and another one on Roosevelt Ave., it has a foot print of 14,700 sf offering 4.8 FAR (with CF)(70,560 BSF). Since it is located in the heart of the downtown, the price went over $60 mil.
Just Sold: An Industrial Building Next to Home Depot in Downtown Flushing
As sole procuring broker, Daphne Chan sold an off market industrial building to an user. Located next to Home Depot on Sanford Ave, 131-19 Sanford Ave., Flushing, it is one of the most sought after locations for people in construction material supply business. Existing building is one story 5000 sf but has 2 FAR (M1-2 zone). The sales price was close to $1,000 per sf.
East Williamsburg, the Promising Emerging Market with High Demand
Our Industrial Team, led by Daphne and Anny Wu, leased 34,511 sf industrial warehouse to a retail wholesaler in fashion accessories business. This property features multiple loading docks, high ceiling and parking. The address is 1250 Metropolitan Ave., East Williamsburg, corner of Steward Ave.
Office Lease in Downtown Flushing
Again represented the owner exclusively, Daphne Chan and Anny Wu leased 3400 sf office space at 39-06 Main Street, 3rd Floor, Main St., Flushing to a financial company. We were the sole broker in the lease transaction.
A Lease Just Inked in Downtown Roslyn Long Island
As Exclusive Agent, Daphne Chan found a tenant who is in food distribution business- Dr. Munch NY Inc and leased the 26,000 sf industry space to them, “it was a prefect match” they said. The property is located in downtown Roslyn, 34 Lumber Road, Roslyn. This area has transformed from industrial to retail, restaurant, art gallery, Flex/ R& D and high end residential.
An Old Restaurant Finally Changed Hand in Midtown Manhattan
149 E 57 Street, Midtown Manhattan, it used to be occupied by a French and Vietnamese restaurant for 40 years called “La Colonial” but finally has changed hand to a high end Italian restaurant . The building is going through major renovation and will be open to the public soon. Daphne Chan and Charles Chan represented both the landlord and the tenant. The building has 3 stories, total 7,500 sf, but leased to one tenant.