John Zhang Acquires Multifamily Property On Crescent St. In Astoria For $1.65M

A multifamily property located at 23-57 Crescent St. in Astoria has been sold for $1,650,000. The property consists of 3 units with a price per unit of $550,000. The total square footage of the property is 2,100, resulting in a price per square foot of $785.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,650,000
• Address: 23-57 Crescent St.
• Market: Astoria
• Buyer: John Zhang
• Seller: Chrisoula Papoustakis
• Broker: Theodosis Neocli - Astoria Realty
• Units: 3
• Price per Unit: $550,000
• Square Footage: 2,100
• Price per Square Foot: $785

The buyer of the property is John Zhang, while the seller is Chrisoula Papoustakis. The deal was facilitated by Theodosis Neocli from Astoria Realty.