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Ilias Theodoropoulos Acquires Apartment Building In Ditmars - Steinway, Queens For $11.6M

Property Image
SOLD
$11,600,000

New York

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MultiFamily50,131 SF
Sold 01/27/2022
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Property Image
SOLD

Ilias Theodoropoulos Acquires Apartment Building In Ditmars - Steinway, Queens For $11.6M

Steinway, New York City, New York, United States

See Similar Deals
MultiFamily50,131 SF
Sold 01/27/2022
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$231
Total Square Footage:50,131 SF
Transaction Type:Sale

An apartment in Ditmars - Steinway, Queens was recently sold for $11,600,000. The property, located at 23-06 21st Street, has a lot size of 10,379 square feet and a floor area ratio (FAR) of 4.83. The apartment is zoned as R5B and falls under tax class 2. The transaction took place on January 27, 2022. The buyer of the property is Ilias Theodoropoulos, while the seller is Matthew J. Quinn. The apartment has a building square footage (BSF) of 14,012 and a price per BSF of $827. The total square footage (SF) of the property is 50,131, with a price per SF of $231. The property underwent an alteration permit on April 29, 2021, and has lot dimensions of 100.02 ft x 103.77 ft.

Summary of transaction details:

  • Property Type: Apartment
  • Transaction Amount: $11,600,000
  • Market: Ditmars - Steinway, Queens

Ilias Theodoropoulos represented himself as the buyer in this transaction. Matthew J. Quinn served as the seller's representative.

NOTE: No additional information is available for this transaction.

Players

4 deals$33.9M volume
BUYER

Details

SOLD
IMAGE: 01/27/2022 ADDRESS: 23-06 21st Street MARKET: Ditmars - Steinway, Queens ASSET TYPE: Apartment ~ ZONING: R5B BUYER: Ilias Theodoropoulos SELLER: Matthew J. Quinn PRICE: $11,600,000 BSF: 14,012 ~ PPBSF: $827 SF: 50,131 ~ PPSF: $231 FAR: 4.83 TAX CLASS: 2 LOT SIZE: 10,379 PERMITS: Alteration (04/29/2021) LOT DIMENSION: 100.02 ft x 103.77 ft

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