Real Estate Weekly: Old Kanes Diner in Flushing Sold After 50 Years For $13.6M

Flushing, NY  - TEK Realty Advisors LLC (“TEKRA”) is thrilled to announce the sale of a development site located at 44-15 College Point Boulevard in Flushing, Queens. The property sold for $13,600,000 or $478 per buildable square foot, well above market average.

Situated on the northeast corner of College Point Boulevard and Pople Avenue, 44-15 College Point Boulevard is a free-standing diner property possessing significant development rights and is within close proximity of Sky View Center, Downtown Flushing and the Queens Botanical Garden.

NYREJ: TEK Realty Advisors Arranges Lease For Code Ninjas in Queens

Astoria, NY - TEK Realty Advisors LLC (TEKRA) has arranged a lease for Code Ninjas at 31-35 31st St. in the Astoria neighborhood. 

TEKRA was hired by ownership to lease a vacant ground floor retail unit located at the base of an 87,575 s/f condominium building. The unit was formerly occupied by a nail salon and is close to the N and W trains on 31st St. and Broadway.

NYREJ: Kontis and Amato of TEKRA Broker $13.6M Development Site Sale

Flushing, NY - TEK Realty Advisors LLC (TEKRA) has completed the sale of a development site located at 44-15 College Point Blvd. in Flushing. The property sold for $13.6 million or $478 per buildable s/f, above market average. 

Situated on the northeast corner of College Point Blvd and Pople Ave., 44-15 College Point Blvd is a free-standing diner property possessing significant development rights and is within close proximity of Sky View Center, Downtown Flushing and the Queens Botanical Garden.

TEKRA Arranges Lease for Free-Standing Commerical Building in Flushing, NY 

Flushing, NY  - TEK Realty Advisors LLC ("TEKRA"), as exclusive agent, is thrilled to announced that it has arranged a lease for 196-33 Northern Boulevard. This double-ground floor commercial building features a 3,600 SF column-free street-level retail storefront with 15' ceilings plus a full lower level with 9' ceilings and direct access and loading from the rear parking lot.

The new tenant signed a long-term lease and is planning a full renovation of the building including a new storefront and building facade...

NYREJ: Kontis and Amato of TEK Realty Advisors sell STNL Dollar General for $1.892m

East Hampton, CT - TEK Realty Advisors LLC ("TEKRA") has arranged the sale of a newly constructed Dollar General store located at 197 E High St. TEKRA procured the 1031 exchange buyer to close the transaction at $1.892 million.

Dollar General signed a 15-year absolute net lease for the newly constructed 7,500 s/f building, which sits on a 1.38-acre site at the intersection of East High St., Lake Dr. and Bear Swamp Rd. The property was built-to-suit for Dollar General in 2018.

NYREJ: 2019 Ones to Watch: Adriana Contavalle

QUEENS, NY - TEK Realty Advisors Adriana Contavalle was featured in "NYREJ 2019 Ones to Watch"  

What do you consider to be your greatest professional accomplishment in the past 12 months?

In August of 2018 I joined TEK Realty Advisors, a boutique commercial real estate brokerage located in Astoria, Queens. During my first couple of months I recalibrated my focus and I made building a foundation in certain neighborhoods....

NYREJ: Amato and Kontis of TEK Realty Advisors Sell Long Island City Multi-Family For $1.835M

QUEENS, NY - TEK Realty Advisors LLC ("TEKRA") has facilitated the sale of 34-32 43rd St., a value-add multifamily building in Long Island City. The all-cash transaction was valued at $1.835 million, which equates to or $339.81 per s/f or $305,833 per unit. 

The three-story building contains six apartments across 5,400 s/f and sits on a 28’x100’ lot between 34th Ave. and 35th Ave... 

NYREJ: TEKRA Arranges $11 Million Sale of Astoria Mixed-Use Building

ASTORIA, NY – TEK Realty Advisors LLC (“TEKRA”) is pleased to announce the sale of 29-02 23rd Avenue, a four-story mixed-use building located on the southeast corner of 29th Street and 23rd Avenue, a bustling street in the Ditmars section of Astoria, Queens.

The transaction was valued at $11,000,000 or $625 per sq. ft.


The four-story, walk-up building contains approximately 17,600 sq. ft. and is comprised of 5 stores, 18 apartments and 1 cell antenna...

New Hyde Park Industrial Properties Fetch $11 Million

NEW HYDE PARK, NY – TEK Realty Advisors LLC (“TEKRA”) is pleased to announce the sale of three industrial properties on Denton Avenue between Jericho Turnpike and Hillside Avenue in the New Hyde Park section of Long Island, NY.

 

The properties known as 161, 309 and 321 Denton Avenue span a total of 2.77 Acres of land area across three tax lots and include five free-standing buildings totaling 23,177 sq. ft. The buildings consist of four warehouses and one showroom/office building.

Commercial Observer: Woodside, Queens Flower Shop Atlas Floral Decorators Moves to LIC

Seventy-year-old flower shop Atlas Floral Decorators has relocated within Queens to a 10,000-square-foot space in Long Island City, Commercial Observer has learned.

The shop has left 46-12 70th Street in Woodside for a new space on the ground floor of a one-story industrial building at 48-35 36th Street between Hunters Point Avenue and 48th Avenue...

NYREJ: Theo E. Kontis and Vincenzo Amato Launch New Commercial Real Estate Firm

ASTORIA, NY – Commercial real estate broker’s Theo E. Kontis and Vincenzo Amato are thrilled to announce the formation of TEK Realty Advisors LLC (“TEKRA”). 
 
TEKRA is a full-service commercial real estate brokerage and advisory firm located in New York City whose core specialization includes the sale and leasing of investment properties, industrial/warehouses, development sites, self-storage facilities, retail stores and mixed-use/multi-family properties. TEKRA represents owners, sellers, purchasers and lessees of commercial estate assets throughout the Metro NYC area.

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