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Big blocks of retail space available in Bronx, Queens.


Two free-standing buildings zoned for retail use and located in the busiest shopping districts of their respective boroughs Flushing, Queens Flushing is an urban neighborhood in the northern part of the borough of Queens in New York City, New York. Flushing is now home to large Chinese, Korean, Indian, Hispanic, and African American communities. The neighborhood is part of Queens Community Board 7.  and Fordham Road Fordham Road is a major street in The Bronx borough of New York City. It runs east-west from the Harlem River to Bronx Park. At its western extreme, it goes through the University Heights neighborhood.  in The Bronx - are available for lease through Robert K. Futterman & Associates (RKF RKF Rapid Knowledge Formation ) on behalf of the buildings' owner, Vornado Realty Trust Vornado Realty Trust (NYSE: VNO) is a New York based real estate investment trust. It is the inheritor of real estate formerly controlled by companies including Two Guys and Alexander's. .

David Rosenberg and Barry Fishbach, managing directors at RKF, are in charge of marketing these outstanding large blocks of retail space to potential single or multi-tenant users.

The Flushing Flushing, part of Queens, New York City, United States
Flushing, former village, now in N Queens borough of New York City, SE N.Y.; chartered 1645, inc. into Greater New York City with Queens in 1898.
 property consists of 165,000 square-feet on four levels, while the Fordham Road space is 290,000 square-feet on six levels.

"This is a rare opportunity to lease space in the heart of Queens and The Bronx' most heavily trafficked retail neighborhoods," said Rosenberg. "It's not often that such exceptionally large and well-located retail premises become available."

Both buildings were formerly occupied by Caldors, and earlier by Alexanders. The Flushing property, at the intersection of Main Street and Roosevelt, is ideal for retail on the lower floors, while the upper level could be used for either retail or commercial. The Bronx property, at the intersection of Fordham Road and the Grand Concourse, offers the option of office use on floors three through five.

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 Fishbach, retail rents for smaller spaces in that part of Flushing range between $80 and $100 per square foot, and rents on Fordham Road are within the same range. 'Naturally, we anticipate great interest from Big Box users, as well as major retailers who are seeking prime borough locations."
COPYRIGHT 1999 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Real Estate Weekly
Geographic Code:1USA
Date:Oct 27, 1999
Words:248
Previous Article:Correction.(Oct. 13 issue)(Correction Notice)
Next Article:MANAGEMENT PERSONNEL.
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