Charlie Davi Sells Multifamily Property In Astoria For $1.25M With Broker Theodosis Neocli
30 66 14th Street
$1,250,000
$354/SF
Building Size
3,527 SF
Asset Type
MultiFamily
Closing
Mar 19, 2025
AI
The property asset involved in this transaction is a multifamily building located at 30-66 14th Street in the Astoria market. The sale price for this asset was $1,250,000, comprising 7 units. The total square footage of the property is 3,527, resulting in a price per unit of $178,571 and a price per square foot of $354.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Units: 7
- Square Footage: 3,527
- Price Per Unit: $178,571
- Price Per Square Foot: $354
- Seller: Charlie Davi
- Broker: Theodosis Neocli - Astoria Realty
- Date of Transaction: 03/19/2025
This transaction involved Charlie Davi as the seller, and Theodosis Neocli represented the broker side through Astoria Realty. The sale reflects ongoing activity in the multifamily sector within the Astoria market, showcasing the interest in residential investments in the area.
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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93