Stonefield Real Estate has been exclusively retained to sell 75-59 188th Street, a boutique office building currently under construction in the Fresh Meadows neighborhood of Queens, NY.
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BRAND NEW CONSTRUCTION – BUILT-TO-SUIT DELIVERY
• Scheduled for completion in Q1 2025 with modern steel-frame construction and premium finishes.
• Delivered fully built-to-suit, including flooring, walls, ceilings, bathrooms, partitions, HVAC, electrical, and plumbing.
• Flexible floorplan configurations ideal for medical, professional, or creative office users.
• Zero deferred maintenance - all core building systems, including roof, structure, elevator, and mechanicals, will be brand new.
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FUNCTIONAL LAYOUT WITH PREMIUM AMENITIES
• Ground Floor: 2,322 SF
• Second Floor: 1,976 SF with rear-facing outdoor terrace
• Third Floor: 1,976 SF
• Cellar: 3,320 SF with 10' finished ceilings, elevator access, large windows, and private outdoor entrances.
• Finished rooftop with elevator access, ideal for outdoor meetings, events, or tenant amenities.
• Three on-site parking spaces at the front of the property.
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PRIME FRESH MEADOWS LOCATION
• Centrally located in a dense, affluent Queens neighborhood with strong residential and commercial demand.
• Excellent visibility and accessibility to major thoroughfares, including Union Turnpike, Grand Central Parkway, and Long Island Expressway.
• Surrounded by key demand drivers, including St. John’s University, Queens Hospital Center, and multiple retail corridors.
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FAVORABLE 15-YEAR ICAP TAX ABATEMENT
• Projected to reduce annual real estate taxes to approximately $14,752 during the initial abatement period.
• Full benefits remain constant for the first 11 years, with a phased 20% annual reduction over Years 12 through 15.
• Detailed abatement projection schedule available upon request.