Ralph Rahimzada Purchases Multifamily Property From Andy & Viviana Calos In Astoria For $3.7M

The property involved in the transaction is a multifamily asset located at 33-01 36th Avenue in the Astoria market. The sale price was $3,700,000, with a total of 5,000 square feet. The asset consists of six units, which include two residential units and four commercial units, resulting in a price per unit of $616,666 and a price per square foot of $740.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,700,000
• Units: 6
• Price Per Unit: $616,666
• Square Feet: 5,000
• Price Per Square Foot: $740
• Buyer: Ralph Rahimzada
• Seller: Andy & Viviana Calos
• Brokers: Devin Someck & Christina Pappas - Living New York
• Note: Off-market, 30 day all cash transaction.

The transaction included key individuals from the brokerage firm Living New York, with Devin Someck and Christina Pappas representing the deal. The negotiation and execution of the sale took place off-market, highlighting the exclusivity of this transaction in the multifamily sector within Astoria.