AHRC New York City (AHRC NYC) and their broker Denham Wolf Real Estate Services (Denham Wolf) announced the sale of 32-03 and 31-17 39th Avenue, a combination of two highly visible, corner lots in Long Island City, Queens for $28,625,000. All monies from sale of the building will be re-invested by AHRC NYC in the acquisition, renovation and maintenance of new sites in accordance with government regulatory guidance. The buyer is 39th Ave Equity, LLC. Located in a Qualified Opportunity Zone, just outside of the core area of Queens Plaza and Court Square, the sites offer a broad range of-use and ground-up redevelopment options in a vibrant New York City neighborhood with quick access to Midtown Manhattan.
With the support of Denham Wolf, a trusted real estate advisor serving the nonprofit community, AHRC NYC is actively searching for several development sites in Queens, based on proximity to home addresses of our community members. Additionally, AHRC NYC’s future relocations will reduce transportation time for staff and people supported, increase accessibility, and offer state-of-the-art spaces equipped with technology. AHRC NYC’s award winning design team will be developing special plans for the new spaces with input from all stakeholders.
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