facebook
Traded Co logo
Submit

Dimitri Kostopoulos Purchases Astoria Multifamily From Mihalis Gkatzioni For $1.785M

Property Image
SOLD
$1,785,000
Theodosis (Theo) Neocli
Vasilakis Pyrpos

New York

See Similar Deals
MultiFamily2,411 SF
Sold 01/16/2026
the dealplayerscompscontact
Property Image
SOLD

Dimitri Kostopoulos Purchases Astoria Multifamily From Mihalis Gkatzioni For $1.785M

40 16 23rd Road

See Similar Deals
MultiFamily2,411 SF
Sold 01/16/2026
Theodosis (Theo) Neocli
Vasilakis Pyrpos
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$740
Total Square Footage:2,411 SF
Transaction Type:Sale

The property asset involved in the transaction is a multifamily building located at 40-16 23rd Road in Astoria. The sale price of the property was $1,785,000, with a total square footage of 2,411, resulting in a price per square foot of $740.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,785,000
  • Address: 40-16 23rd Road
  • Market: Astoria
  • Square Footage: 2,411
  • Price per Square Foot: $740
  • Buyer: Dimitri Kostopoulos
  • Seller: Mihalis Gkatzioni
  • Buyer’s Representative: Theodosis Neocli - Astoria Realty
  • Seller’s Representative: Vasilakis Pyrpos - Astoria Realty

The transaction was facilitated by Theodosis Neocli and Vasilakis Pyrpos, both representing their respective clients, with Neocli working on behalf of the buyer, Dimitri Kostopoulos, and Pyrpos representing the seller, Mihalis Gkatzioni.

Players

Theodosis (Theo) Neocli
Astoria Realty
Theodosis Neocli
10 deals$15.8M volume
BROKER
Vasilakis Pyrpos
Astoria Realty
Vasilakis Pyrpos
3 deals$5.4M volume(347) 935-7382
BROKER
Astoria Realty
Astoria Realty
BROKERAGE

Details

SOLD
IMAGE: Vasilakis Pyrpos & Theodosis Neocli DATE: 1/16/2026 ADDRESS: 40-16 23rd Road MARKET: Astoria ASSET TYPE: Multifamily BUYER: Dimitri Kostopoulos SELLER: Mihalis Gkatzioni BUYER'S REP: Theodosis Neocli - Astoria Realty (@AstoriaRealty) SELLER'S REP: Vasilakis Pyrpos (@VasilisPirpos) - Astoria Realty SALE PRICE: $1,785,000 SF: 2,411 ~ PPSF: $740

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$95,200.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,341.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,461.81
Annual Debt Service$101,541.73