Uri Koptiev Purchases Mixed-Use Property At 23-13 Steinway Street For $1.65M With Alpha Realty
23 13 Steinway Street
$1,650,000
$378/SF
Building Size
4,360 SF
Asset Type
Mixed-use
Closing
Oct 8, 2025
AI
The property involved in this transaction is a mixed-use asset located at 23-13 Steinway Street in Astoria. It consists of 5 apartments and 1 commercial unit, totaling 4,360 square feet. The sale price for this property was $1,650,000, resulting in a price per unit of $275,000 and a price per square foot of $378.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,650,000
- Units: 6
- Price per Unit: $275,000
- Square Footage: 4,360
- Price per Square Foot: $378
- Buyer: Uri Koptiev
- Brokers: Lev Mavashev & Ben Normatov - Alpha Realty
- Market: Astoria
Uri Koptiev acted as the buyer in this transaction, while Lev Mavashev and Ben Normatov represented the deal through Alpha Realty, facilitating the sale process and ensuring the transaction was completed effectively. The involvement of these brokers highlights their role in navigating the complexities of the real estate market in Astoria.
Players
Astoria Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93