Stonefield Real Estate has been exclusively retained to sell 75-59 188th Street, a boutique office building currently under construction in the heart of Fresh Meadows, Queens. Spanning four levels including a finished cellar, this steel-framed building offers a rare opportunity for an owner-user to fully customize a brand-new commercial building to suit their needs.
The building will be delivered built-to-suit upon delivery, including premium finishes such as flooring, walls, ceilings, bathrooms, partitions, HVAC, and all electric and plumbing work. With flexible configuration options, this offering is ideal for medical, professional, or creative office use.
15-YEAR ICAP ABATEMENT:
The property is projected to benefit from a 15-year ICAP tax abatement, reducing annual real estate taxes to approximately $14,752/YR. The abatement phases out starting Year 12 by 20% annually, fully expiring in Year 16. A detailed projection schedule is available upon request.
ON-SITE PARKING:
Three parking spaces are available at the front of the property.
PRIVATE CELLAR SUITE ACCESS:
The cellar offers 10’ finished ceiling heights, private outdoor entrance, large windows, and elevator access.
FINISHED ROOFTOP:
A usable rooftop with elevator access from the cellar—ideal for outdoor meetings, events, or lounging.
Breakdown of the building includes:
• Ground Floor: 2,322 SF
• Second Floor: 1,976 SF with access to a rear-facing outdoor terrace
• Third Floor: 1,976 SF
• Cellar: 3,320 SF with 10-foot finished ceilings, elevator access, and private outdoor entrances