Dominic Casamento Acquires Astoria Multifamily For $8.4M From Seller Stephen Wolinetz

Dominic Casamento of Kingdom Equities has acquired a multifamily property located at 28-41 34th Street & 28-35 34th Street in Astoria. The sale, which took place on August 19, 2022, involved a total of 42 units with a price per unit of $200,000. The property spans 26,656 square feet, resulting in a price per square foot of $315. The transaction was completed with a sale price of $8,400,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $8,400,000
• Units: 42
• Price per Unit: $200,000
• Square Footage: 26,656
• Price per Square Foot: $315
• Date: August 19, 2022
• Market: Astoria

Dominic Casamento represented Kingdom Equities in this transaction, while Stephen Wolinetz acted as the seller. The acquisition of this multifamily property reflects Casamento's ongoing investment pursuits in the real estate market.