George Panouis Sells Mixed-Use Property On Ditmars Boulevard In Queens For $1.85M

The mixed-use property located at 45-01 Ditmars Boulevard in Ditmars-Steinway, Queens has been sold for a price of $1,850,000. Spanning across 4,200 square feet, the property offers a versatile space for both residential and commercial purposes. With a price per square foot (PPSF) of $440, this property presents a valuable investment opportunity in the thriving Ditmars-Steinway market.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $1,850,000
• Square Footage: 4,200 SF
• Price per Square Foot (PPSF): $440
• Address: 45-01 Ditmars Boulevard, Ditmars-Steinway, Queens
• Market: Ditmars-Steinway, Queens

The sale was facilitated by the team of brokers from Investment Property Realty Group (IPRG), including Derek Bestreich, Luke Sproviero, Donal Flaherty, and Sal Monteverde. Their expertise in the Ditmars-Steinway market played a crucial role in closing the deal successfully. This transaction highlights the strong demand for mixed-use properties in the area and further solidifies IPRG's position as a trusted real estate firm.