Fotini Dimopoulos Purchases Multifamily Property From Robert Xerri In Astoria For $1.6M
SOLD
$1,600,000
New York
See Similar DealsMultiFamily2,330 SF
Sold 07/15/2025
SOLD
Fotini Dimopoulos Purchases Multifamily Property From Robert Xerri In Astoria For $1.6M
30 24 23rd Street
See Similar DealsMultiFamily2,330 SF
Sold 07/15/2025
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$686
Total Square Footage:2,330 SF
Transaction Type:Sale
The property asset involved in this transaction is a multifamily building located at 30-24 23rd Street in the Astoria market. It consists of 4 units with a total square footage of 2,330. The sale price of the asset was $1,600,000, resulting in a price per unit of $400,000 and a price per square foot of $686.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Units: 4
- Square Footage: 2,330
- Price Per Unit: $400,000
- Price Per Square Foot: $686
- Buyer: Fotini Dimopoulos
- Seller: Robert Xerri
- Brokers: Luca DiCiero & Devin Navarro - NY Space Finders
The transaction was facilitated by brokers Luca DiCiero and Devin Navarro, representing the seller, Robert Xerri, in this deal. Fotini Dimopoulos completed the purchase as the buyer. The transaction took place on July 15, 2025.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$85,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,684.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,584.82
Annual Debt Service$91,017.80
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