You are reading

Entenmann’s Bakery Outlet on Queens Boulevard closed, as developer snaps up site for $11.8 million

GMaps

June 29, 2017 By Jason Cohen

A Manhattan-based development company has purchased the Queens Boulevard site that is home to the Entenmann’s Bakery Outlet for $11.8 million.

The 70-50 Queens Boulevard property was purchased by The Chetrit Group, a major Manhattan-based real estate development firm, on June 15.

Entenmann’s lease is set to expire at the end of the month, according to Matthew Fotis, senior managing director with Marcus & Millichap, which brokered the deal.

The bakery outlet appears to have already closed. Several reviews on Google indicate its closed and calls have not been answered.

The Chetrit Group doesn’t have any current plans for the site, according to Fotis. However, he said that it is zoned for residential and retail, which will allow the developer to build a mixed-use building that could be between 72,000 and 96,000 square feet.

The development company could not be reached for comment.

Real Estate Weekly was first to report the story.

email the author: news@queenspost.com

Featured Events

Post an Event

View All Events…

7 Comments

Click for Comments 
Anonymous

Very upset to c it currently being used as a car lot.it was a great location on QB for its residences sad to c it go.

Reply
Anonymous

i bet my bottom dollar it is going to be a homeless shelter wait and see — this is JVB’s district –

Reply

Leave a Comment
Reply to this Comment

All comments are subject to moderation before being posted.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Recent News
Port Authority awards record $2.3 Billion in contracts to MWBEs in JFK Airport transformation

The Port Authority announced on Monday a historic milestone in the ongoing $19 billion transformation of JFK International Airport, where a record $2.3 billion in contracts have been awarded to Minority and Women-Owned Business Enterprises (MWBE).

The JFK redevelopment also demonstrates a significant focus on working with local contractors, awarding more than $950 million in contracts to Queens-based businesses to date.

Read More
0
Op-Ed | Hochul: Action is Imperative on Shoplifting, but Violent Crime is Just Fine

Apr. 29, 2024 By Council Member James F. Gennaro

Negotiations regarding the New York State budget have just concluded a few days ago and a budget has passed after more than two weeks of delays. But while Gov. Kathy Hochul has proclaimed this year’s ‘bold agenda’ aims to make New York ‘safer,’ there hasn’t been so much as a whisper about the safety issue New Yorkers actually care about – New York States’s dangerous bail reform laws and the State’s absence of a ‘dangerousness standard,’ which would allow judges to detain without bail those defendants that pose a present a clear and present danger to our communities. (The 49 other states and the federal government have a dangerousness standard. NY State is the only state that lacks this essential protection from the State’s most dangerous offenders.)

Read More
0
Load More Articles