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Deals & Dealmakers

Cushman team brings pair of new hotels to market in Flushing

Cushman & Wakefield announced that the real estate services firm has been retained on an exclusive basis to market for sale 183-15 & 183-31 Horace Harding Expressway, two newly built hotels totaling 108,726 square feet, located in Flushing (Fresh Meadows), Queens, New York.

STEPHEN PREUSS

A Cushman & Wakefield team consisting of Stephen R. Preuss and Kevin Louie will be leading the marketing efforts on behalf of the property’s seller, East West Realty Development Group, LLC. “183-15 and 185-31 Horace Harding Expressway presents an investor with a rare opportunity to acquire Marriott branded hotels in one of the most thriving neighborhoods in Queens,” said Stephen R. Preuss of Cushman & Wakefield.

“Newly built with a total of 218 keys, it is ripe to become a hospitality hub.”

183-15 Horace Harding Expressway is a six-story, 59,250-square-foot structure located on Horace Harding Expressway North between 183rd and 185th street. Branded as a Courtyard Marriott, the property is comprised of 123 guest rooms with on-grade and below-grade parking.

183-31 Horace Harding Expressway is a six-story, 49,476-square-foot structure located on Horace Harding Expressway North between 183rd and 185th street. Branded as a Fairfield Inn & Suites, the property is comprised of 95 guest rooms with on-grade and below-grade parking.

The buildings consist of a total of 218 rooms, fitness centers, conference rooms, lobby café and indoor/outdoor valet parking. The property can be delivered vacant. It is conveniently located off the Long Island Expressway, within close proximity to LaGuardia Airport.

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