Stelios Banagos Acquires 12-Unit Multifamily In Astoria For $2.6M

The multifamily property located at 37-17 34th Avenue in Astoria, Queens was successfully sold for $2,600,000. This property consists of 12 units with a total square footage of 8,000 square feet. The price per unit is calculated to be $216,667, while the price per square foot stands at $325.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $2,600,000
• Units: 12
• Square Footage: 8,000 sqft
• Price Per Unit: $216,667
• Price Per Square Foot: $325
• Address: 37-17 34th Avenue, Astoria, Queens
• Market: Astoria, Queens

The sale of this multifamily property was facilitated by the brokers Matthew Fotis and Lazarus Apostolidis from Marcus & Millichap. The buyer, Stelios Banagos, acquired the property from the seller, Evelyn Porzenheim, in this transaction.