Nick Nikdlaidas Acquires Multifamily Property In Astoria, Queens For $9M

The multifamily property located at 25-31 30th Road in Astoria, Queens has been sold for a total price of $9,000,000. The transaction took place on 02/05/2024.

Summary of Transaction Details:

• Property Type: Multifamily
• Transaction Amount: $9,000,000
• Address: 25-31 30th Road, Astoria, Queens
• Market: Astoria, Queens

The buyer of the property is Nick Nikdlaidas, while the seller is The Kurzner Family.

The deal was facilitated by multiple brokers. Shaun Riney, Sean Fopeano, and Louis Zarif from Marcus & Millichap, along with Dimitri P. Venekas from Cosmos Capital Group, represented the buyer and seller in this transaction.

The property consists of 43 units, with an average price per unit (PPU) of $209,302. The total square footage of the property is 34,000, and the price per square foot (PPSF) is $265.