Amit Veeramachaneni Sells Multifamily Asset At 30-38 29th Street In Astoria For $11.97M

The transaction involves a multi-family asset located at 30-38 29th Street in Astoria. The sale price was $11,973,675, reflecting a price per unit of $598,683 across a total of 20 units. The property spans 10,111 square feet, with a price per square foot of $1,184.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $11,973,675
• Units: 20
• Price Per Unit: $598,683
• Square Footage: 10,111
• Price Per Square Foot: $1,184
• Seller: Amit Veeramachaneni
• Seller's Representatives: Michael Bethoney, Nayi Shen, Michael DeSena & Thomas Babusik - Bethoney Shen Team & Nest Seekers International

The deal was facilitated by the Bethoney Shen Team, representing the seller Amit Veeramachaneni. The collaborative effort of the represented agents was instrumental in finalizing this transaction in Astoria.