Updated Jun 5, 2025
Thi Diep Purchases Astoria Multifamily Asset For $1.725M With Rep Dimitrios Koufakos
33 29 29th Street
$1,725,000
$958/SF
Building Size
1,800 SF
Asset Type
MultiFamily
Closing
May 27, 2025
About this deal
AI
The property asset involved in this transaction is a multifamily unit located at 33-29 29th Street in the Astoria market. The sale price for this asset was $1,725,000, encompassing 2 units. The total square footage of the property is 1,800, resulting in a price per unit of $862,500 and a price per square foot of $958.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,725,000
- Units: 2
- Square Footage: 1,800
- Price per Unit: $862,500
- Price per Square Foot: $958
- Buyer: Thi Diep
- Seller: Myroulla Georgallas
- Seller's Representative: Dimitrios Koufakos - Modern Spaces
Thi Diep is the buyer in this transaction, while Myroulla Georgallas acted as the seller. Dimitrios Koufakos from Modern Spaces represented the seller during this deal.
On the Map
$1,725,000
$958/SF
MultiFamily
View full map
Players
Astoria MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Dimitrios Koufakos to view all their deals.
Browse Astoria multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.20%
Cash-on-Cash
-2.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93