Sandra Vata Acquires Retail Property In Astoria, Queens For $1.6M

A retail property with air rights located at 37-08 31st Avenue in Astoria, Queens was recently sold for $1,600,000. The property is zoned as R6A and C1-3, allowing for various uses. The building has a total square footage of 2,271, with a price per square foot of $704. The sale also included additional air rights, providing potential for future development. The previous sale of this property occurred in September 2013 for $600,000.

Summary of transaction details

• Property Type: Retail with Air Rights
• Sale Price: $1,600,000
• Square Footage: 2,271
• Price per Square Foot: $704
• Zoning: R6A, C1-3

The buyer of the property was Sandra Vata, while Richie Harwood served as the seller. The deal was facilitated by brokers Stephen R. Preuss, Andreas Efthymiou, Eric Roth, and Tyler Signora from Team Preuss and Team Shapiro Investment Sales.