The Sanoulis Family Acquires Multifamily Asset From The Bretone Family In Astoria For $1.85M

The property involved in this transaction is a multifamily asset located at 31-43 34th Street in Astoria, Queens. The sale was finalized at a price of $1,850,000, with a total of 9 units across 5,000 square feet, translating to a price per unit of $205,555 and a price per square foot of $370.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,850,000
• Units: 9
• Square Footage: 5,000
• Price Per Unit: $205,555
• Price Per Square Foot: $370
• Buyer: The Sanoulis Family
• Seller: The Bretone Family
• Broker Representatives: Shaun Riney, Sean Fopeano, Louis Zarif, and Michael Salvatico - Marcus & Millichap

This deal involved notable individuals, including the buyer, the Sanoulis Family, and the seller, the Bretone Family. The broker representatives from Marcus & Millichap played a key role in facilitating the transaction, ensuring the process was handled efficiently by the team consisting of Shaun Riney, Sean Fopeano, Louis Zarif, and Michael Salvatico.