February 27, 2007

Press Release
February 16, 2007

30-19 Northern Boulevard

ABS Partners Real Estate, LLC has been appointed the exclusive agents to sell 30-19 Northern Boulevard and 29-23 40th Road. 30-19 Northern Boulevard is a 25,100 square foot lot with 182 feet of frontage along Northern Boulevard and has a potential development of 125,500 square feet. 29-23 40th Road is a 75 x 125, 9,000 sf one-story drive-in garage building. 45,000 square feet can be built on this site. A total of 170,500 square feet can be built on the two sites. The ownership would consider selling the two lots separately if need be.

The property is currently zoned M1-3D with a FAR of 5. However, city planning is currently in the process of rezoning the property to M1-3 / R7X allowing for 5 far of residential.

The property is in very close proximity to the N/W train and is three blocks from Queens Plaza and the 59th Street Bridge, making it a very short commute into Manhattan.

ABS Partners Real Estate, LLC is a unique full service Real Estate advisory company specializing in representing property owners in management, leasing, investment sales and acquisitions managing over 4,000,000 square feet of commercial and residential space.

For further information please contact Randy Modell at 212-400-9480 or the ABS sales team at 212-400-6060.

ABS Partners Real Estate, LLC
200 Park Avenue South, 10th Floor
New York, NY 10003

Phone – 212-400-6060
Fax – 212-400-9494
www.absre.com