Mouzouris Family Acquires Development Site From Serini Family For $1.275M In Long Island City

The property involved in this transaction is a development site located at 30-10 38th Avenue in Long Island City. The sale price was $1,275,000, with a building square footage of 6,447 and price per building square foot at $197. The property encompasses a total square footage of 740, which equates to a price per square foot of $1,722.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,275,000
• Address: 30-10 38th Avenue
• Market: Long Island City
• Building Square Footage: 6,447
• Price per Building Square Foot: $197
• Total Square Footage: 740
• Price per Square Foot: $1,722
• Buyer: Mouzouris Family
• Seller: Serini Family
• Broker Representatives: Shaun Riney, Sean Fopeano & David Cornejo - Marcus & Millichap

The transaction was facilitated by the brokerage team of Shaun Riney, Sean Fopeano, and David Cornejo, representing the buyers, the Mouzouris Family, and the seller, the Serini Family, in this deal. Their expertise and involvement were pivotal in the successful completion of this transaction.