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Halvatzis Family Sells Development Site In Astoria For $2.15M With Brokers Donal Flaherty Tom Reynolds & Karan Khanna

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SOLD
$2,150,000

New York

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Development Site1,235 SF
Sold 11/03/2025
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Property Image
SOLD

Halvatzis Family Sells Development Site In Astoria For $2.15M With Brokers Donal Flaherty Tom Reynolds & Karan Khanna

24 62 32nd Street

See Similar Deals
Development Site1,235 SF
Sold 11/03/2025
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Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$1,740
Total Square Footage:1,235 SF
Transaction Type:Sale

The development site located at 24-62 32nd Street in Astoria has been sold for $2,150,000. It comprises a building size factor (BSF) of 7,410 and is priced at approximately $290 per BSF. The total square footage (SF) is 1,235, with a price per square foot (PPSF) of $1,740.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $2,150,000
  • Address: 24-62 32nd Street
  • Market: Astoria
  • BSF: 7,410
  • PPBSF: $290
  • SF: 1,235
  • PPSF: $1,740
  • Seller: Halvatzis Family
  • Broker Representatives: Donal Flaherty, Tom Reynolds & Karan Khanna - Investment Property Realty Group

This transaction is part of the Neptune Diner Assemblage, which allows for a total buildable area exceeding 67,000 SF with a combined purchase price of $12,650,000.

Players

Donal Flaherty
101 deals$367.7M volume(718) 360-8823
BROKER

Tom Reynolds
Investment Property Realty Group (IPRG)
98 deals$292.3M volume(718) 360-8817
BROKER

Karan Khanna
Investment Property Realty Group (IPRG)
3 deals$8.6M volume(718) 416-6135
BROKER

Investment Property Realty Group (IPRG)
BROKERAGE

Details

SOLD
IMAGE: Donal Flaherty & Tom Reynolds DATE: 11/3/2025 ADDRESS: 24-62 32nd Street MARKET: Astoria ASSET TYPE: Development Site SELLER: Halvatzis Family BROKERS: Donal Flaherty (@DonalFlaherty1), Tom Reynolds (@TomReynolds_CRE) & Karan Khanna - Investment Property Realty Group (@IPRG_NY) SALE PRICE: $2,150,000 BSF: 7,410 ~ PPBSF: $290 SF: 1,235 ~ PPSF: $1,740 NOTE FROM BROKER: This was part of the Neptune Diner Assemblage making the total buildable over 67,000 SF with a combined purchase price of $12,650,000.

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