Overview of Massey Knakal Realty Services

 

Massey Knakal Realty Services
118-35 Queens Blvd., 14th Floor
Forest Hills, NY 11375
Tel: (718) 275-3400
Fax: (718) 275-5478

The Queens division has fifteen agents, covering the entire borough. Partner Thomas Donovan is the Managing Director of this division.

Massey Knakal believes that the sheer size of the Queens market will continue to lead to big opportunities. The borough has more than 66,000 properties.

Since the office opened, 245 transactions have been closed with an aggregate consideration of approximately $750,000,000. Closed transactions include the Metropolitan Portfolio- seven pre-war, elevatored apartment buildings totaling 454 units in Elmhurst and Sunnyside with a sales price of $57,500,000. Another noteworthy transaction was the Home Depot transaction involving a five property assemblage - 120,000 square feet of land and more than 500,000 buildable square feet. Located in Jamaica Center, the transaction aggregated to approximately $75,000,000 in ground lease and sales considerations.