Robert Hu Acquires Development Site In Astoria From Cougoulos Family For $1.93M

The asset involved in this transaction is a development site located at 31-30 28th Road in Astoria. The property sold for a total price of $1,930,000. It encompasses a building square footage of 7,074, translating to a price per building square foot of $272. The total square footage of the property is 1,910, with a price per square foot of $1,010.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,930,000
• Address: 31-30 28th Road
• Market: Astoria
• Building Square Footage: 7,074
• Price Per Building Square Foot: $272
• Total Square Footage: 1,910
• Price Per Square Foot: $1,010
• Buyer: Robert Hu
• Seller: Cougoulos Family
• Broker: Alexandre Goulet - Landair Advisors

The deal involved Robert Hu as the buyer and the Cougoulos Family as the seller. The transaction was facilitated by broker Alexandre Goulet from Landair Advisors, representing the parties involved in this transaction.