Philip Argyropoulos Acquires Mixed-Use Property In Astoria, Queens For $1.5M
SOLD
$1,525,000
+ 1
New York
See Similar DealsMixed-use3,420 SF
Sold 12/17/2021
SOLD
Philip Argyropoulos Acquires Mixed-Use Property In Astoria, Queens For $1.5M
30 30th Drive, Queens, New York 11102, United States
See Similar DealsMixed-use3,420 SF
Sold 12/17/2021
+ 1
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$445
Total Square Footage:3,420 SF
Transaction Type:Sale
30-02 30th Drive, located in Astoria, Queens, was recently sold in a closed transaction. This mixed-use property encompasses a total of 3,420 square feet. The sale price for the property was $1,525,000, resulting in a price per square foot of $445.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,525,000
- Address: 30-02 30th Drive, Astoria, Queens
- Square Footage: 3,420
- Market: Astoria, Queens
The buyer of the property was Philip Argyropoulos, while William Vowteras acted as the seller. The deal was facilitated by the brokers Dan O'Brien, Caroline Hodes, Will Diana, and Casey Begoon from Cushman & Wakefield.
Players
BROKERAGE
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$81,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,418.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,229.28
Annual Debt Service$86,751.34
Is there something missing? Send suggestions