Emmanuel Hirakis Purchases Mixed-Use Building In College Point For $900,000 With Broker Rodney Nassimian

The property asset involved in this transaction is a mixed-use building located at 116-01 14th Road & 116-03 14th Road in College Point. The sale price of the property was $900,000, comprising 4 residential units and 2 commercial spaces, with a total square footage of 5,145. The price per unit (PPU) is noted at $225,000, and the price per square foot (PPSF) is $174. This marks the first sale since the 1990s.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $900,000
• Units: 4
• Price Per Unit: $225,000
• Square Footage: 5,145
• Price Per Square Foot: $174
• Buyer: Emmanuel Hirakis
• Seller: Norman Mirsky
• Broker: Rodney Nassimian - Highcap Group

The key individuals involved in this deal are Emmanuel Hirakis, who acted as the buyer, and Norman Mirsky, the seller of the property. The transaction was brokered by Rodney Nassimian, representing the Highcap Group, who assisted in facilitating this deal.