Rey Nieto Acquires Mixed Use Property In Astoria, New York For $11M

The mixed-use property located at 29-02 23rd Avenue in Astoria, New York has been sold for a total price of $11,000,000. This property spans over 17,600 square feet and has a price per square foot of $625. It consists of 5 retail stores, 18 apartments, and 1 antenna.

Summary of transaction details

• Property Type: Mixed Use
• Transaction Amount: $11,000,000
• Size: 17,600 square feet
• Price per Square Foot: $625
• Units: 5 Retail Stores, 18 Apartments, and 1 Antenna

The seller of the property is Ilias Theodoropoulos, while the buyer is Rey Nieto. Representing the seller in this deal were Theo Kontis and Vincenzo Amato of TEK Realty Advisors. On the buyer's side, Josh Geller of YLG Realty was the broker.