Kenny Liu Purchases Development Site From Janos Kanta In Astoria For $10.4M

The property involved in this transaction is a development site located at 30-75 21st Street in the Astoria market. The asset was sold for $10,400,000, covering a total square footage of 10,000, which equates to a price per square foot of $1,040. The building's bulk square footage is noted at 40,000, with a corresponding price per bulk square foot of $260.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $10,400,000
• Buyer: Kenny Liu
• Seller: Janos Kanta
• Brokers: Dylan Walsh, Nick Kolbus & Dimitri P. Venekas - Cushman & Wakefield

The transaction highlights the involvement of key brokers, Dylan Walsh, Nick Kolbus, and Dimitri P. Venekas, representing the deal through their association with Cushman & Wakefield. This team played a vital role in facilitating the transfer of ownership between the buyer, Kenny Liu, and seller, Janos Kanta.