Dennis Lou Acquires Development Site In Astoria For $1.775M Represented By Landair Property Advisors

The property involved in this transaction is a development site located at 21-16 30th Avenue in the Astoria market. The sale was completed for a price of $1,775,000. It has a total building square footage of 8,106, resulting in a price per building square foot of $218. The property also has a total square footage of 3,591, which translates to a price per square foot of $494.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,775,000
• Address: 21-16 30th Avenue
• Market: Astoria
• Total Building Square Feet: 8,106
• Price per Building Square Foot: $218
• Total Square Feet: 3,591
• Price per Square Foot: $494
• Buyer: Dennis Lou
• Seller: Pavlounis Family
• Brokers: Alexandre Goulet, Dean Abouelhassan & Anand Melwani - Landair Property Advisors

This transaction was facilitated by brokers Alexandre Goulet, Dean Abouelhassan, and Anand Melwani, representing the parties involved in the deal through Landair Property Advisors. Dennis Lou was the buyer, while the seller was the Pavlounis Family.