Long Island City, NY, August 6, 2007 –

Greiner-Maltz has announced the following sale:

Address:               23-23 Borden Avenue, Long Island City, NY

Property Description:    A 54,000 sq. ft., 2-story, fireproof, street-to-street building located directly across from Fresh Direct, has been sold by Greiner-Maltz senior brokers, Dmitri Belyi and Peter Moreo, for over $115 psf.  Dmitri Belyi and Peter Moreo represented both the buyer and the seller in this transaction.  The property, which had been occupied by the same owner, F & R Holding Co., since 1952, was purchased by KJDS Realty Inc. 

For more information on this Greiner-Maltz property or any other available properties in the metropolitan area please call Dmitri Belyi or Peter Moreo at 718-786-5050 or visit our Website at www.greinermaltz.com.

About Greiner-Maltz                                                            

Since 1953 Greiner-Maltz has been engaged exclusively in the leasing, selling, appraising and managing of industrial and commercial property in Manhattan, Brooklyn, Queens and Long Island.  

The professionals at Greiner-Maltz have over 400 years of combined experience. The firm has three offices and an active staff of thirty-five sales associates.