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It’s a Broker’s Market

We will talk more about the commercial and industrial marketplace in additional posts over the next weeks. Right now we think this is a terrific marketplace for brokers. So we’d like to welcome the newest member of the KDA broker team, Max Duclos.

As Max and our brokers canvas neighborhoods, we’re seeing an influx of industrial and commercial buildings of all sizes coming into the marketplace – from 10,000 sqft. up to 100,000 sqft.

60-20 59th Place, Maspeth Queens, NY. 52,000 Square Feet, 14-20 ft. ceiling height, Centrally located on the Brooklyn / Queens border in Maspeth. Minutes to the BQE / LIE Williamsburg & 59th Street Bridges & Midtown. Contact: Jeff Unger.

The smaller buildings – 1,500 to 3,000 sqft. – are moving as quickly as they’re available because of new businesses opening up. This often happens after a down market, a pandemic or some unexpected New York City occurrence.

101 Morgan Avenue & 404 Johnson Avenue – Corner Property. appx. 2,500 SF Ground Floor Retail plus appx. 5,000 SF of Land.  Perfect for restaurant, bar, live music. Almost full basement included free. Contact: Grant Dolgin.

A lot of small tenancies have opened up because larger companies are closing operations, reducing their footprint, or laying off people. The upside is lots of new opportunities for creative, street-smart brokers.

If you’re looking to join a staff of skilled real estate professionals, call us to speak about the future!

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