People

Stephen R. Preuss

Senior Managing Director


Biography

Stephen R. Preuss is a Senior Managing Director in the Capital Markets Group of Cushman & Wakefield, where he focuses on investment sales for the New York Metropolitan Area primarily in Queens focusing on the Douglaston, Little Neck, Bayside, Kew Gardens Hills, Fresh Meadows, Flushing, Whitestone, College Point, Corona, East Elmhurst, and Jackson Heights neighborhoods of Queens. Previously, Stephen was Vice President of Sales at Massey Knakal Realty Services. Cushman & Wakefield acquired Massey Knakal on December 31, 2014.

Stephen has transacted in over $1 billion of investment and commercial real estate over his 15 year career. During his tenure, he has sold over 145 properties to date with an aggregate value of over $815 million and has been a top producer company-wide for the past several years. He is a major contributor to The Queens Courier Real Estate Journals and has been featured in multiple publications for his expertise and accomplishments including The Real Deal, The New York Real Estate Journal, FOX, CBS, Newsday, The New Yorker, The New York Post, The New York Times and Real Estate Weekly.

Throughout his career, Mr. Preuss also went on to gain his Series 7 and Series 63 licenses from the National Association of Securities Dealers. He is an avid world-traveler, golfer, distance runner and wine connoisseur. He lives in Nassau County on The North Shore of Long Island with his wife and his two sons.

Awards:

-Top Sales Broker by CoStar Group: 2013, 2014

-Massey Knakal Award representing overall values in Queens: 2009, 2011, 2013

-Massey Knakal Award for passion: 2007, 2008


Affiliations

  • The North Shore Lions Club
  • Real Estate Board Political Action Committee
  • Brookville Country Club
  • Long Island Business Network Member
  • Real Estate Board of New York (REBNY), Commercial Queens Committee

Articles

    2015 Year in Review: Northern Queens
    1.14.2016
    2015 proved to be a very busy year in the Northern Queens Commercial Real Estate market. Throughout the first three quarters of the year Northern Queens experienced heavy activity focused in mixed use and retail properties, while across the whole Queens Market retail buildings and development sites saw the largest dollar volume growth. Compared to 2014, the dollar volume of sales increased by 44% over the first three quarters of 2015, however the number of sales decreased about 19%.View Article

    Northern Queens Year-End Market Review and What to Expect in 2014
    3.26.2014
    The second half of 2013 proved to be the stronger of the two. The Queens market saw a surge in properties sold getting the ball rolling quickly for 2014. Per Massey Knakalā€™s Year-End Property Sales Report, the number of properties sold in 2013 increased 17% from 2012, with Queens being the only market besides Northern Manhattan to have either matched or exceeded its 2012 numbers. The dollar volume remained remotely the same around $2.3 billion; however the number of properties sold increased from about 600 properties to just fewer than 800, with the second half of 2013 seeing 482 property sales alone. View Article

    2012 Year In Review: Northern Queens
    2.13.2013
    The year of 2012 was an overall positive environment for the commercial sales marketplace. Activity, pricing, sales volume, lending and just about any other relevant metric increased from the year before and greatly increased from the previous several years. The driving forces of the overall demand was the steady lack of available product throughout the year and the impending capital gains increase which pushed the sales activity to a sprint in the last few months of the year. In Northern Queens, which includes Flushing, College Point, Whitestone, Bayside, Little Neck, Douglaston, Jackson Heights, Corona and East Elmhurst, saw a total of 123 commercial and investment property sales for a total dollar value of $288,000,000. These figures represent an approximate 25% increase from 2011 in both categories. The sales figures and marketplace activity in each of these geographic territories are summarized below.View Article

Stephen R. Preuss
Senior Managing Director
stephen.preuss@cushwake.com
(718) 512 2118
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Denise Prevete
Associate Director
denise.prevete@cushwake.com
(718) 512 2605
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Kevin Louie
Associate
kevin.louie@cushwake.com
(718) 512 2627
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Andreas Efthymiou
Associate
Andreas.Efthymiou@cushwake.com
(718) 512 2621
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Notable Recent Transactions

141-26 Northern Boulevard, Flushing/$13,000,000 Development/Conversion Sites, Flushing, New York

 

144-03 Barclay Avenue, Flushing, NY 11355-1551/$8,000,000 Apartment Buildings, Flushing, New York

 

51 Middle Neck Road, Great Neck, NY 11021/$4,500,000 Commercial Buildings, Nassau County, New York

 

4119 Bell Boulevard, Bayside, NY 11361-2858/$4,280,000 Development/Conversion Sites, Commercial Buildings, Bayside, New York

 

149-34 35th Avenue, Flushing, NY 11354/$3,425,000 Commercial Buildings, Special Use, Flushing, New York