facebook
Traded Co logo
Submit

Kathy Heller Purchases Multifamily Property In Astoria For $1.15 Million With Paul Milonakis As Buyer's Representative

Property Image
SOLD
$1,150,000

New York

See Similar Deals
MultiFamily1,782 SF
Sold 09/15/2025
the dealplayerscompscontact
Property Image
SOLD

Kathy Heller Purchases Multifamily Property In Astoria For $1.15 Million With Paul Milonakis As Buyer's Representative

20 25 26th Street

See Similar Deals
MultiFamily1,782 SF
Sold 09/15/2025
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$645
Total Square Footage:1,782 SF
Transaction Type:Sale

The property located at 20-25 26th Street in Astoria, a multifamily asset, was sold for $1,150,000. This transaction involves a total of 2 units, with a price per unit of $575,000. The building spans a square footage of 1,782 and the price per square foot is calculated at $645.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,150,000
  • Buyer: Kathy Heller
  • Seller: John Nusser
  • Buyer’s Representative: Paul Milonakis - Halvatzis Realty
  • Units: 2
  • Price Per Unit: $575,000
  • Square Footage: 1,782
  • Price Per Square Foot: $645

Paul Milonakis represents the buyer in this transaction, assisting Kathy Heller in acquiring her new multifamily home near Ditmars Blvd, catering to her desire for proximity to excellent schools. The property aligns with the buyer's requirements and reflects the ongoing trend in Astoria as a preferred location for residential and investment purposes.

Players

Paul Milonakis
5 deals$11.7M volume(917) 364-1220
BROKER

Halvatzis Realty
BROKERAGE

Details

SOLD
IMAGE: Paul Milonakis DATE: 9/15/2025 ADDRESS: 20-25 26th Street MARKET: Astoria ASSET TYPE: MultiFamily BUYER: Kathy Heller SELLER: John Nusser BUYER'S REP: Paul Milonakis (@PMilonakis) - Halvatzis Realty SALE PRICE: $1,150,000 UNITS: 2 ~ PPU: $575,000 SF: 1,782 ~ PPSF: $645 NOTE FROM BROKER: 🚨 Just Closed in Astoria! 🚨 Thrilled to represent my buyers in securing their new home in the heart of Ditmars 🏡✨ They wanted to be near Ditmars Blvd and the excellent schools this area is known for — and we found the perfect place that checks all the boxes ✔️ Astoria remains one of NYC’s top spots for both primary residences and smart investments. If you’ve been thinking about making a move, now is the time! 📲 Reach out to your local Astoria expert and let’s find the right home for you.

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)

$61,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,085.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,451.59
Annual Debt Service$65,419.04