SOLD
Medhat Mohamed Acquires Old Astoria Multifamily For $2.2M With Buyer's Rep Derek Bestreich & Seller's Rep Soccoli Family
26-18 28th Street
MultiFamily
4,080 SF
4,080 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
4,080 sqft
A multifamily property located at 26-18 28th Street in Old Astoria, Queens has been sold in a recent transaction. The property consists of 6 units with a total square footage of 4,080. The sale price for the property was $2,200,000, resulting in a price per unit (PPU) of $366,667 and a price per square foot (PPSF) of $539.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,200,000
- Address: 26-18 28th Street
- Market: Old Astoria, Queens
The buyer of the property was Medhat Mohamed, while the seller was the Soccoli Family. The transaction was facilitated by brokers Derek Bestreich, Luke Sproviero, Donal Flaherty, Logan Boenning, and Sal Monteverde from Investment Property Realty Group (IPRG).
It is worth noting that the property was delivered vacant, providing flexibility for the buyer to utilize the units according to their own plans and preferences.
Players
All
6
Agents
5
Agencies
1
Details
SOLD
IMAGE: Donal Flaherty, Sal Monteverde & Logan Boenning
DATE: 11/18/2022
ADDRESS: 26-18 28th Street
MARKET: Old Astoria, Queens
ASSET TYPE: Multifamily
BUYER: Medhat Mohamed
SELLER: Soccoli Family
BROKERS: Derek Bestreich, Luke Sproviero (@LukeSproviero), Donal Flaherty (@DonalFlaherty1), Logan Boenning (@LoganB.CRE) & Sal Monteverde (@Monteverde_NYC) - Investment Property Realty Group (IPRG) (@IPRG_NY)
SALE PRICE: $2,200,000
UNITS: 6 ~ PPU: $366,667
SF: 4,080 ~ PPSF: $539
NOTE FROM BROKER: Delivered VacantView on map
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Address26-18 28th Street
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