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Despotakis Family Acquires Mixed-Use Property On 24th Avenue For $2.9M

Property Image
SOLD
$2,900,000

New York

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Mixed-use7,250 SF
Sold 03/20/2024
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Property Image
SOLD

Despotakis Family Acquires Mixed-Use Property On 24th Avenue For $2.9M

36-19 24th Avenue

See Similar Deals
Mixed-use7,250 SF
Sold 03/20/2024
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$400
Total Square Footage:7,250 SF
Transaction Type:Sale

The mixed-use property located at 36-19 24th Avenue in Ditmars-Steinway was recently sold for $2,900,000. Spanning 7,250 square feet, the property was transacted at a price per square foot of $400. The sale involved the Despotakis Family as the buyers and the Stavrianopolous Family as the sellers. The deal was facilitated by Paul Youssef from FTS Capital.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $2,900,000
  • Address: 36-19 24th Avenue
  • Market: Ditmars-Steinway

Paul Youssef of FTS Capital played a crucial role as the broker in the transaction, representing the parties involved in the sale of the mixed-use property. The Despotakis Family, as buyers, successfully acquired the asset from the Stavrianopolous Family, the sellers, marking a significant transaction in the Ditmars-Steinway market.

Players

Paul Youssef
21 deals$104.2M volume(631) 245-2726
BROKER

Details

SOLD
IMAGE: Paul Youssef DATE: 03/20/2024 ADDRESS: 36-19 24th Avenue MARKET: Ditmars-Steinway ASSET TYPE: Mixed-use BUYER: Despotakis Family SELLER: Stavrianopolous Family BROKER: Paul Youssef (@PYoussef_) - FTS Capital SALE PRICE: $2,900,000 SF: 7,250 ~ PPSF: $400

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