Georgia Afxendiou Acquires Multifamily Property In Astoria For $1.59M

A multifamily property located at 48-12 28th Avenue in Astoria, was recently sold in a closed transaction. The property spans 2,420 square feet and was sold at a sale price of $1,587,500, resulting in a price per square foot of $655. The seller, David Torchiano, was represented by Steven Shane. The previous sale of the property occurred on September 24, 2009, at a price of $810,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,587,500
• Address: 48-12 28th Avenue, Astoria
• Market: Astoria
• Buyer: Georgia Afxendiou
• Buyer's Representative: Parry Ermogenous
• Seller: David Torchiano
• Seller's Representative: Steven Shane
• Asking Price: $1,629,000
• Square Feet: 2,420
• Last Sale Price: $810,000
• Last Sale Date: 9/24/2009

In this transaction, Georgia Afxendiou purchased the multifamily property located at 48-12 28th Avenue in Astoria. The buyer was represented by Parry Ermogenous. The final sale price for the property was $1,587,500, which equates to a price per square foot of $655. This closed transaction marks a significant increase from the previous sale price of $810,000 on September 24, 2009.