Sal Restivo Acquires Multi-Family Property In Astoria, Queens For $5.56M

The multi-family property located at 29-12 Newtown Avenue in Astoria, Queens, New York has been sold for a total price of $5,560,000. The property spans over 11,820 square feet and has a price per square foot of $470. The transaction included a unit price of $347,500.

Summary of transaction details

• Property Type: Multi-Family
• Transaction Amount: $5,560,000
• Address: 29-12 Newtown Avenue, New York
• Market: Astoria, Queens
• Square Footage: 11,820 sf
• Price per Square Foot: $470
• Unit Price: $347,500

The sellers of the property were Michael Lembo, Art Finigan, and Janet O’Brien. The buyer of the property was Sal Restivo. The deal was facilitated by Anthony Lo Verme, who represented the buyer as their agent.