Updated Sep 15, 2026
American Realty Acquires Astoria MultiFamily From Filingeri Family For $4 Million
18-10 27th Avenue
$4,000,000
$203/SF
Building Size
19,704 SF
Asset Type
MultiFamily
Closing
Sep 9, 2026
About this deal
AI
The property asset involved in the transaction is a MultiFamily building located at 18-10 27th Avenue in Astoria. The sale price was $4,000,000 for the asset which consists of 17 units. The square footage of the property measures 19,704, resulting in a price per unit of $235,294 and a price per square foot of $203.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $4,000,000
- Units: 17
- Square Footage: 19,704
- Price Per Unit: $235,294
- Price Per Square Foot: $203
- Buyer: American Realty
- Seller: Filingeri Family
- Broker Representatives: Rodney Nassimian & Josh Goldflam - Highcap Group
- Sale Date: 09/09/2026
The transaction involved American Realty as the buyer and the Filingeri Family as the seller. The deal was represented by Rodney Nassimian and Josh Goldflam from Highcap Group, highlighting their role in facilitating the sale.
Players
Astoria MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Rodney Nassimian 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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93