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11-52 30th Road

Updated Dec 4, 2024

Anthony Mellis Of Cengiz Sells Astoria Multifamily For $1.535M
SOLDMultiFamily

Anthony Mellis Of Cengiz Sells Astoria Multifamily For $1.535M

11-52 30th Road

$1,535,000

$479/SF

Building Size

3,200 SF

Asset Type

MultiFamily

Closing

Mar 6, 2024

About this deal

AI

The multifamily property located at 11-52 30th Road in Astoria, Queens was sold for $1,535,000. The property comprises 2 units with a total square footage of 3,200, resulting in a price per unit of $767,500 and a price per square foot of $480.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,535,000
  • Units: 2
  • Square Footage: 3,200
  • Price per Unit: $767,500
  • Price per Square Foot: $480
  • Address: 11-52 30th Road, Astoria, Queens
  • Market: Queens
  • Seller: Anthony Mellis- Cengiz
  • Buyer's Representative: Vincent Lopez & Jacques Wadler - Knickerbocker Realty Group LLC
  • Seller's Representatives: Luca DiCiero, Rocco Pasquariello & Devin Navarro - NY Space Finders

The deal was negotiated by Vincent Lopez and Jacques Wadler of Knickerbocker Realty Group LLC, representing the buyer, while Luca DiCiero, Rocco Pasquariello, and Devin Navarro from NY Space Finders acted as the seller's representatives in this successful transaction.

Players

Luca DiCiero

NY Space Finders

Broker

$128.9M

vol

155 deals

Broker

Astoria MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $479 per square foot on a published $1.5M for 3,200 square feet (2024).

Visit Devin Navarro to view all their deals.

Browse Astoria multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.33%

Cash-on-Cash

-2.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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