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31 45 37th Street

Cathy Peterson Purchases Multifamily Asset From Luigi Farina For $2.15M In Astoria
SOLDMultiFamily

Cathy Peterson Purchases Multifamily Asset From Luigi Farina For $2.15M In Astoria

31 45 37th Street

$2,150,000

$767/SF

Building Size

2,800 SF

Asset Type

MultiFamily

Closing

Jan 14, 2026

AI

The property involved in this transaction is a multifamily asset located at 31-45 37th Street in Astoria. The sale price was set at $2,150,000, with a total area of 2,800 square feet, resulting in a price per square foot of $767.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,150,000
  • Address: 31-45 37th Street
  • Market: Astoria
  • Square Footage: 2,800
  • Price per Square Foot: $767
  • Buyer: Cathy Peterson
  • Seller: Luigi Farina
  • Brokers: Nicholas Halvatzis & Paul Halvatzis - Amorelli Realty

This transaction involved key individuals such as buyer Cathy Peterson and seller Luigi Farina. The brokerage representation was handled by Nicholas Halvatzis and Paul Halvatzis from Amorelli Realty, who facilitated the deal for the involved parties.

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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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