CushWake Markets Retail Portfolio in Forest Hills

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Cushman & & Wakefield is marketing the Austin Road Portfolio, a five-building retail assemblage completing 20,000 square feet on one of the busiest passages in Queens’ Forest Hills neighborhood. This assemblage is hitting the marketplace for the very first time in more than 90 years.

A Cushman & & Wakefield group led by Stephen R. Preuss with Rani Bendary and also Andreas Efthymiou is marketing the assemblage in support of the seller, Stockman Holding Business, LLC.

“Austin Street is well-known as one of one of the most active retail passages in the whole city,” said Preuss. “This portfolio supplies a solid mixed-use investment chance with the option to acquire as a package or individually.”

The Austin Road Portfolio is composed of 5 buildings situated at 7164-7166 Austin St., 72-02 Austin St. 72-04 Austin St., 72-08 Austin St. as well as 72-50 Austin St. The profile will be provided 54% vacant.

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