Ira Appelbaum Acquires Mixed-Use Building In Astoria, Queens For $3.5M

A four-unit mixed-use building located at 30-14 Steinway Street in Astoria, Queens has been sold for $3.5 million. This property, known as K4, was purchased by Ira Appelbaum, representing A & E Gems LLC, from Salvatore Gaudio's Gmd 1435 LLC.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $3,500,000
• Address: 30-14 Steinway Street, Astoria, Queens
• Market: Astoria, Queens
• Units: 4
• Price per Unit: $875,000
• Building Square Footage (BSF): 8,166
• Price per BSF: $429
• Lot Size: 6,930 square feet
• Price per Square Foot (PPSF): $505

Ira Appelbaum, on behalf of A & E Gems LLC, finalized the purchase of the property from Salvatore Gaudio's Gmd 1435 LLC. The four-unit mixed-use building is ideally situated in the heart of Astoria, Queens, offering a prime location for various residential and commercial purposes.