Dominic Casamento Acquires Multi Family Property In Ditmars - Steinway, Queens For $3M

A multi-family property located at 24-24 28 Street in Ditmars-Steinway, Queens was recently sold in a closed transaction on December 17, 2021. The property is zoned as R5D and has a lot size of 5,000 square feet with dimensions of 50 ft x 100 ft. The building has a total square footage of 8,350 and a buildable square footage of 10,000. The transaction price for this property was $3,000,000, with a price per square foot of $359.

Summary of transaction details

• Property Type: Multi Family
• Transaction Amount: $3,000,000
• Building Square Footage: 8,350
• Price per Square Foot: $359
• Lot Size: 5,000 sqft
• Lot Dimension: 50 ft x 100 ft
• Zoning: R5D

Dominic Casamento purchased the property from Jeffrey D Zukerman. The previous sale of the property occurred on May 21, 2015, for a price of $2,660,000. The transaction falls under tax class 2B and has a floor-area ratio (FAR) of 1.67.