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32 53 35th Street

Updated Sep 9, 2025

Bilt advertisement
Arturo Torres Purchases Multifamily Asset From Christiane Richard In Astoria For $2.15M
SOLDMultiFamily

Arturo Torres Purchases Multifamily Asset From Christiane Richard In Astoria For $2.15M

32 53 35th Street

$2,150,000

$746/SF

Building Size

2,880 SF

Asset Type

MultiFamily

Closing

Aug 13, 2025

About this deal

AI

The property asset involved in the transaction is a multifamily building located at 32-53 35th Street in Astoria. The sale was executed for a total price of $2,150,000, comprising three units with a total square footage of 2,880. This results in a price per unit of $716,666 and a price per square foot of $746.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $2,150,000
  • Units: 3
  • Square Footage: 2,880
  • Price per Unit: $716,666
  • Price per Square Foot: $746
  • Buyer: Arturo Torres
  • Seller: Christiane Richard
  • Brokers: Nicholas Halvatzis & Orly Sroka - Amorelli Realty

The transaction involved key individuals including buyer Arturo Torres and seller Christiane Richard, with representation from brokers Nicholas Halvatzis and Orly Sroka from Amorelli Realty, facilitating this real estate deal.

Players

Nicholas Halvatzis

Amorelli Realty

Broker

$28.9M

vol

9 deals

Broker
Amorelli Realty
Amorelli RealtyBrokerage

Astoria MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $746 per square foot on a published $2.2M for 2,880 square feet (2025).

Visit Nicholas Halvatzis to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.38%

Cash-on-Cash

-2.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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