Ryan Mehra Purchases Industrial Asset In Astoria From Michael Okon For $7.525M

The asset involved in this transaction is an industrial property located at 18-21 Steinway Place in the Astoria market. The sale price was $7,525,000, with a total square footage of 20,000, resulting in a price per square foot of $376.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $7,525,000
• Address: 18-21 Steinway Place
• Market: Astoria
• Square Footage: 20,000
• Price per Square Foot: $376
• Buyer: Ryan Mehra
• Seller: Michael Okon
• Buyer's Representatives: Theo Kontis & Vincenzo Amato
• Seller's Representative: Kelly Koukou - Lee & Associates

This transaction was facilitated by Theo Kontis and Vincenzo Amato, who represented the buyer, while Kelly Koukou from Lee & Associates represented the seller. Their roles were crucial in navigating the complexities of the deal.