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30-24 32nd Street

Thomas Ballis Sells Astoria Condo For $5,542,500 With Brokers Gregory Kyroglou & Maria Sakellis
SOLDCondo

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

Gregory Kyroglou

Modern Spaces

Broker

$20.8M

vol

5 deals

Broker
Compass
CompassBrokerage

Astoria Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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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