People

Stephen R. Preuss

Director of Sales


Biography

Stephen R. Preuss joined the Queens office as a Director of Sales. In his first year, he was named recipient of Massey Knakal's 2007 Richard Marcinko Award for Tenacity, Loyalty and Single-Mindedness of Purpose in the Pursuit of Excellence in Queens. In 2008, he won the same award, this time recognizing his efforts company wide. In 2009, he won the Queens Nicholas T. Donovan PIER Award Representing Overall Values. In 2011, Stephen was presented with the Queens Annual Nicholas T. Donovan PIER Award Representing Overall Values.

A graduate of Florida Atlantic University, Mr. Preuss obtained his business degree in Finance. He began his career as an Apprentice to Fred Johnson and went on to become the Vice President of Johnson Financial Corp., where he was responsible for new client acquisition and conducting portfolio analysis for high net-worth individuals. Mr. Preuss also has vast experience in the franchising industry with past area franchisee rights with Quiznos Restaurants along with previously holding the New York franchise rights for QD International, the first and largest eBay & Shipping drop-off store franchise. Mr. Preuss owned and operated 15 retail stores in NY along with overseeing 100+ stores nationwide while acting as the Executive Vice President of QD International.

Throughout his career, Mr. Preuss went on to gain his Series 7 and Series 63 licenses from the National Association of Securities Dealers. He has also been featured on regional and national television and in print including FOX, CBS, Newsday, The New Yorker, the New York Post, The New York Times and Real Estate Weekly. He lives in Nassau County on The North Shore of Long Island with his wife, Stephanie. He can be reached in the Queens office at 718.275.3400 x2118.


Affiliations

  • Member - International Council of Shopping Centers (ICSC)
  • Real Estate Board of New York
  • The North Shore Lions Club
  • Real Estate Board Political Action Committee

Articles

    2012 Year In Review: Northern Queens
    2.13.2013
    The year of 2012 was an overall positive environment for the commercial sales marketplace. Activity, pricing, sales volume, lending and just about any other relevant metric increased from the year before and greatly increased from the previous several years. The driving forces of the overall demand was the steady lack of available product throughout the year and the impending capital gains increase which pushed the sales activity to a sprint in the last few months of the year. In Northern Queens, which includes Flushing, College Point, Whitestone, Bayside, Little Neck, Douglaston, Jackson Heights, Corona and East Elmhurst, saw a total of 123 commercial and investment property sales for a total dollar value of $288,000,000. These figures represent an approximate 25% increase from 2011 in both categories. The sales figures and marketplace activity in each of these geographic territories are summarized below.View Article

    2011 Year-End Market Update: North Queens
    12.13.2011
    Flushing went through another transitional year in 2011. Many residential development sites have either begun construction or are in the process of completion after two years of sitting as empty lots from stalled projects. As there is more accessibility to construction financing this past year, commercial development sites have also began to rise from the ashes. For most of Flushing, retail and office rental prices have stabilized in $60 and $30 per SF range, respectively while Main Street continues to be the aberration with rents as high as $100 per SF. For the most part, the vacancies of 2010 have been filled, Industrial properties have also seemed to catch their footing but still carry an approximate 10% vacancy rate. Multifamily apartment buildings have remained the most desirable investment for investors and lenders alike with little to no vacancy and extraordinary overall property value. View Article

    North Queens Market
    3.31.2010
    Flushing Area Arguably Queens’ most desirable real estate marketplace, Flushing, went through an eyeopening year in 2009. Dozens of residential development sites remain as vacant lots, construction sites have stalled, and those sites who were able to reach completion are sitting with many empty units or the constant churning of broken contracts.View Article

Stephen R. Preuss
Director of Sales
spreuss@masseyknakal.com
(718) 275-3400 x 2118
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Denise Prevete
Associate
dprevete@masseyknakal.com
(718) 275-3400
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Notable Recent Transactions

14-34 110th Street, Flushing, NY 11356/$11,500,000  Price Reduced Mixed-Use Investment Buildings, Commercial Buildings, Apartment Buildings, Flushing, College Point, New York

 
 

105 Avenue P, Brooklyn, NY 11204/$5,500,000 Apartment Buildings, Bensonhurst, New York

 

149-34 35th Avenue, Flushing, NY 11354/$3,425,000 Commercial Buildings, Special Use, Flushing, New York

 

26-60 Borough Place, Woodside, NY 11377/$2,250,000 Industrial, Woodside, New York