Fotini Dimopoulos Purchases Multifamily Property From Robert Xerri In Astoria For $1.6M
30 24 23rd Street
$1,600,000
$686/SF
Building Size
2,330 SF
Asset Type
MultiFamily
Closing
Jul 14, 2025
AI
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.
Players
Astoria MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93