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25-98 36th Street
SOLD

Global One Real Estate Fund II Acquires Astoria Multifamily For $15.6M

25-98 36th Street

MultiFamily
50,910 SF
clock iconSold 1 year ago
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Summary

Sale
NEW YORK
MultiFamily
50,910 sqft

An affiliate of Nelson Management Group, Global One Real Estate Fund II, has acquired a multifamily property located at 25-98 36th Street in Astoria. The property, sold by the Estate of John Xikis, was brokered by Ted Mastakouris of Iron Castle Group. The transaction closed on 10/05/2020 for a sale price of $15,600,000.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $15,600,000
  • Address: 25-98 36th Street
  • Market: Astoria
  • Buyer: Global One Real Estate Fund II (an affiliate of Nelson Management Group)
  • Seller: Estate of John Xikis
  • Broker: Ted Mastakouris – Iron Castle Group

The property consists of 59 units, spanning a total of approximately 50,910 square feet. With a price per square foot of $306, the average price per unit amounts to $264,406.

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Ted Mastakouris's profile picture
Ted Mastakouris
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$15.6M Sold

Details

Deal Summary
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SOLD
IMAGE: IMAGE: Robert Nelson DATE: 10/05/2020 ADDRESS: 25-98 36th Street MARKET: Astoria ASSET TYPE: Multifamily BUYER: Global One Real Estate Fund II (an affiliate of Nelson Management Group) @NelsonManagement SELLER: Estate of John Xikis BROKER: Ted Mastakouris – Iron Castle Group SALE PRICE: $15,600,000 SF: 50,910 ~ PPSF: $306 UNITS: 59 ~ PPU: $264,406 […]

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Address25-98 36th Street

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