Kalmon Dolgin Affiliates Arranges Sale of 120-65 168th Street
QUEENS—Kalmon Dolgin Affiliates, Inc. (KDA) has arranged the sale of a 42,200-sq.-ft. property at 120-65 168th Street in Jamaica for $2.9 million. Neil Dolgin, co-president of Kalmon Dolgin Affiliates, made the announcement.
Robert Klein and Joel Kohn of Kalmon Dolgin Affiliates represented the buyer, Oh! Nuts Candy, and the seller, Baisley Property, in the transaction.
The space on 168th Street was bought by Oh! Nuts Candy, a shop which sells chocolates, nuts, and gift baskets. The company has four New York locations, and plans to use the building as a chocolate processing plant as well as their main distribution center.
The site was ideal for the company, offering the tenant four interior loading docks, two drive-in doors, 20’ ceilings and an 8,200-sq.-ft. parking lot. The U.S Postal Service currently leases 13,000 of the 34,000-sq.-ft. building, and will continue to occupy the space until 2016.
120-65 168th Street is located in the Jamaica section of Queens with close proximity to the Southern/Belt Parkway and Merrick Boulevard. The Locust Manor and St. Albans Long Island Railroad stations are a few short blocks away, providing quick access to Manhattan.
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© 2012 Penton Media Inc.
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