Prospect Acquisitions Acquires Astoria Multifamily Property For $1.75M

Located in Astoria, the multifamily property at 32-18 34th Street has changed hands in a recent closed transaction. The property consists of 7 units with a total square footage of 4,660. The sale price for this transaction was $1,750,000, resulting in a price per unit of $250,000 and a price per square foot of $376. The property is situated in a vibrant market in the neighborhood of Astoria.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,750,000
• Address: 32-18 34th Street
• Units: 7
• Price per Unit: $250,000
• Square Footage: 4,660
• Price per Square Foot: $376
• Market: Astoria

The buyer in this transaction is Prospect Acquisitions, a company actively seeking multifamily and mixed-use deals in Manhattan, North Brooklyn, and Astoria. The seller in this transaction is Monica Constantinides. For those interested in submitting deals, Prospect Acquisitions can be contacted at [email protected].