SOLD
Nuveed Loqman Acquires Mixed-Use Property In South Astoria, Queens For $2M
31-01 34th Street
Mixed-use
2,800 SF
2,800 SF
Sold 207 days ago
Summary
Sale
NEW YORK
Mixed-use
2,800 sqft
A mixed-use property located at 31-01 34th Street in South Astoria, Queens has been sold for $2,000,000. The property spans 2,800 square feet, resulting in a price per square foot of $714.
Summary of Transaction Details
- Property Type: Mixed-use
- Transaction Amount: $2,000,000
- Address: 31-01 34th Street
- Market: South Astoria, Queens
- Square Footage: 2,800
The buyer of the property is Nuveed Loqman, while the seller is Joseph Auer. Derek Bestreich, Luke Sproviero, Donal Flaherty, Zac Golub, and Sal Monteverde from Investment Property Realty Group (IPRG) represented the seller in this transaction. Jason Au from Au Consultants Inc served as the mortgage broker.
A note from the broker indicates that the loan amount for the sale was $1,100,000, with an interest rate of 6.25% fixed for 5 years. The loan has a 30-year amortization period and does not carry any pre-payment penalty.
Players
All
6
Agents
5
Agencies
1
Details
SOLD
IMAGE: Donal Flaherty, Zachary (Zac) Golub & Jason Au
DATE: 10/11/2023
ADDRESS: 31-01 34th Street
MARKET: South Astoria, Queens
ASSET TYPE: Mixed-use
BUYER: Nuveed Loqman
SELLER: Joseph Auer
SELLER'S REP: Derek Bestreich, Luke Sproviero (@LukeSproviero), Donal Flaherty (@DonalFlaherty1), Zac Golub & Sal Monteverde (@monteverde_nyc) - Investment Property Realty Group (IPRG) (@IPRG_NY)
MORTGAGE BROKER: Jason Au - Au Consultants Inc (@Au_Consultants_Inc)
SALE PRICE: $2,000,000
SF: 2,800 ~ PPSF: $714
NOTE FROM BROKER:
Loan Amount: 1,100,000
Interest Rate: 6.25% fixed for 5 years
Amortization: 30 years
No Pre-payment Penalty
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Address31-01 34th Street
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