GFP Real Estate has announced that Buka Derm Management, operating as The Dermatology Specialists, has signed a 7-year lease to expand its office space at 10-27 46th Avenue in Long Island City, Queens. The full-service dermatology practice will double its footprint in the building to 10,351 square feet. This includes the addition of 5,152 square feet on the first floor and an extension of their existing space on the third floor for general administrative and executive offices.
Compass represented The Dermatology Specialists while GFP Real Estate acted as landlord representative for this transaction which follows a 2018 renovation of the building. The expansion is expected to be completed by 2021 with no disruption to current operations at either location or other tenants within this multi-tenant property located near public transportation options including subway lines E M R N W & 7 .
This news marks another successful collaboration between Compass and GFP Real Estate who continue working together towards providing quality real estate solutions across New York City’s five boroughs.