Thomas Ballis Sells Astoria Condo For $5,542,500 With Brokers Gregory Kyroglou & Maria Sakellis
30-24 32nd Street
$5,380,000
$1,078/SF
Building Size
4,989 SF
Asset Type
Condo
Closing
May 31, 2026
AI
The asset involved in this transaction is a condo located at 30-24 32nd Street in the Astoria market. It consists of 4,884 square feet and features 7 units. The sale price was $5,542,500, resulting in a price per square foot of $1,135 and a price per unit of $791,786.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,542,500
- Square Footage: 4,884
- Price per Square Foot: $1,135
- Units: 7
- Price per Unit: $791,786
- Seller: Thomas Ballis
- Brokers: Gregory Kyroglou - Modern Spaces & Maria Sakellis - Compass
- Date of Transaction: 6/1/2026
In this transaction, Thomas Ballis acted as the seller, with Gregory Kyroglou from Modern Spaces and Maria Sakellis from Compass serving as the brokers involved in the deal. Their representation facilitated the sale process for the property located in Astoria.
Players
Astoria Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.95%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93