Jill Marquardt Scola Acquires Apartment Building In South Astoria, Queens For $4.65M

An apartment building located at 34-11 34th Avenue in South Astoria, Queens has been sold. The property consists of an apartment building with a total square footage of 22,800 and a lot size of 7,500. The building is zoned as R5 and has a floor area ratio (FAR) of 3.04. The property was sold for a price of $4,650,000, with a price per square foot (PPSF) of $203 and a buildable square footage (BSF) of 9,375. The transaction took place on June 28, 2022.

Summary of transation details

• Property Type: Apartment Building
• Transaction Amount: $4,650,000
• Address: 34-11 34th Avenue, South Astoria, Queens
• Market: South Astoria, Queens
• Zoning: R5

The buyer in this transaction is Jill Marquardt Scola, while Joseph S. Karp is the seller. The buyer's representative in the deal was not disclosed. The property is classified as tax class 2. The lot dimensions are 75 ft x 100 ft. The property had an alteration permit issued on June 11, 2015.