Updated Sep 1, 2026
Koscica Family Sells Astoria Multifamily Property For $1,815,000 With Atlas Realty Group
35-13 31st Avenue
$1,185,000
$134/SF
Building Size
8,800 SF
Asset Type
MultiFamily
Closing
Aug 5, 2026
About this deal
AI
This transaction involves a multi-family asset located at 35-13 31st Avenue in the Astoria market. The property, sold for $1,815,000, comprises 16 units and has a total square footage of 8,800, translating to a price per unit of $113,438 and a price per square foot of $206.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,815,000
- Units: 16
- Square Footage: 8,800
- Price Per Unit: $113,438
- Price Per Square Foot: $206
- Seller: Koscica Family
- Brokers: Shlomo Antebi, Yosef Katz, Erik Yankelovich, Sam Schwartz & Nate Pilchick - Atlas Realty Group
Key individuals involved in this transaction include the Koscica Family as the seller, and the brokerage team from Atlas Realty Group which consists of Shlomo Antebi, Yosef Katz, Erik Yankelovich, Sam Schwartz, and Nate Pilchick, who collectively facilitated the sale of the property.
Players
Astoria MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.39%
Cash-on-Cash
-3.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93