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35 28 153rd Street

Updated Aug 15, 2025

George Miltiadou Of Alma Realty Corp Purchases Multifamily Buildings In Murray Hill For $11.5M
SOLDMultiFamily

George Miltiadou Of Alma Realty Corp Purchases Multifamily Buildings In Murray Hill For $11.5M

35 28 153rd Street

$11,500,000

$225/SF

Building Size

51,042 SF

Asset Type

MultiFamily

Closing

Aug 7, 2025

About this deal

AI

The asset involved in this transaction is a MultiFamily property located at 35-28 153rd Street in the Murray Hill neighborhood of Queens. The sale price for this property was $11,500,000, and it encompasses a total square footage of 51,042, resulting in a price per square foot of $225.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $11,500,000
  • Address: 35-28 153rd Street
  • Market: Murray Hill, Queens
  • Sale Price: $11,500,000
  • Square Footage: 51,042
  • Price per Square Foot: $225
  • Buyer: George Miltiadou - Alma Realty Corp
  • Seller: Essen Realty Enterprises

In this transaction, George Miltiadou represents Alma Realty Corp as the buyer, acquiring the property from the seller, Essen Realty Enterprises. The deal involved the purchase of two adjacent 6-story apartment buildings located at both 35-28 and 35-30 153rd Street.

On the Map

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$11,500,000

$225/SF

MultiFamily

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Players

AC
Alma Realty CorpBuyer
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Flushing MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $225 per square foot on a published $11.5M for 51,042 square feet (2025).

Browse Flushing multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.38%

Cash-on-Cash

-0.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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