Rocco Family Acquires Mixed-Use Property In Astoria For $15.5M

The mixed-use property located at 36-05 29th St. in Astoria has been sold. The property spans approximately 70,000 square feet and was sold for a total of $15,500,000. This translates to a price per square foot of $221. The transaction took place on February 28, 2022.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $15,500,000
• Date: 02/28/2022
• Address: 36-05 29th St.
• Market: Astoria
• Square Footage: 70,000
• Price per Square Foot: $221

The buyer of the property was the Rocco Family, while the seller was the Bokhour Family. The transaction was facilitated by Paul Youssef, who represented the buyer as their broker.