Wen Ye Purchases Package Deal In Astoria From Sophia Tsaltas For $8 Million

This transaction involves a package deal consisting of three properties located at 31-10 31st Avenue, 31-14 31st Avenue, and 31-08 31st Avenue in the Astoria market. The sale price for the properties was $8,000,000, with a total building square footage of 27,644, resulting in a price per building square foot of $289. Additionally, the total square footage is 2,910, leading to a price per square foot of $2,749.

Summary of transaction details:

• Property Type: Package Deal
• Transaction Amount: $8,000,000
• Buyer: Wen Ye
• Seller: Sophia Tsaltas
• Brokers: Nicholas Halvatzis & Yianni Bachas - Amorelli Realty
• Total Building Square Feet: 27,644
• Price Per Building Square Foot: $289
• Total Square Feet: 2,910
• Price Per Square Foot: $2,749

The deal was facilitated by the brokerage firm Amorelli Realty, with Nicholas Halvatzis and Yianni Bachas representing the seller, Sophia Tsaltas, in the transaction. Their involvement highlights the professional representation and assistance provided throughout this complex deal.