Yitzchok Katz Acquires Commercial Property In Old Astoria, Queens For $7.4M

The property asset involved in this transaction includes multiple commercial addresses: 2-08 26th Avenue, 2-12 26th Avenue, 2-14 26th Avenue, 2-18 26th Avenue, 2-20 26th Avenue, and 2-24 26th Avenue. The total transaction price was $7,400,000, encompassing a building size of 36,450 BSF with a price per BSF of $203. The property boasts a total square footage of 1,225, translating to a price per square foot of $6,040. This transaction occurred within the Old Astoria market in Queens.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $7,400,000
• Buyer: Yitzchok Katz
• Seller: Lisa Breier Urban
• BSF: 36,450
• PPBSF: $203
• SF: 1,225
• PPSF: $6,040
• Market: Old Astoria, Queens

Yitzchok Katz represented the buyer in this deal, while Lisa Breier Urban represented the seller. These individuals played key roles in facilitating the completion of the transaction for the commercial property in question.