Unknown Buyer Acquires Property In Astoria For $1.6 Million With Seller's Reps Andreas Efthymiou And Eric C. Roth

The property asset involved in this transaction is a mixed-use development site located at 3708 31st Ave, Queens, NY, 11103, within the Astoria market. The site was sold for $1,600,000.00 and has a total of 7,830 buildable square feet. It features 26 feet of frontage along 31st Avenue and is situated near the Steinway Street M and R subway lines, enhancing its accessibility.

Summary of transaction details:

• Property Type: Mixed-use development site
• Transaction Amount: $1,600,000.00
• Address: 3708 31st Ave, Queens, NY, 11103
• Market: Astoria
• Seller's Representatives: Andreas Efthymiou - Ripco, Eric C. Roth - Friedman-Roth Realty
• Buyer: Unknown
• Buildable Square Feet: 7,830
• Frontage: 26 feet along 31st Avenue

Andreas Efthymiou and Eric Roth from Ripco and Friedman-Roth Realty represented the seller in this transaction. The property was positioned strategically between 38th Street and 37th Street, contributing to its market value and development potential in a bustling area.