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

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.