News: Brokerage

KDA reps seller Midland Realty in $2.8 million sale of 16-18 Decatur Street in Queens

Kalmon Dolgin Affiliates (KDA) has arranged the sale of a 17,000 s/f property at 16-18 Decatur St. in the Ridgewood section of the borough for $2.8 million. Kalmon Dolgin and Neil Dolgin, co-presidents of KDA, made the announcement. KDA brokers Neil Dolgin and Grant Dolgin represented the seller, Midland Realty, LLC. Sholom & Zuckerbrot Realty LLC negotiated on behalf of the buyer, JHS Acquisitions LLC. Prior to its sale, 16-18 Decatur St. was used for the warehousing and distribution of flooring materials. The property offers 40-ft. ceilings throughout the majority of the space, double interior loading docks, and one drive-in door. The fully sprinklered space offers gas heat and an alarm system. The building's new owner is an artist, and plans to use the one-story building as a studio. Located between Wycoff and Cypress Aves., 16-18 Decatur St. occupies the full property lot, which runs from Decatur St. back to Cody Ave. Access is available to the B20 bus route, L subway line, the Jackie Robinson Pkwy., and Jamaica and Atlantic Aves.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account