Maria Papagiannakis Acquires Multifamily Asset In Astoria From Konstantinos Tzaras For $2.3M
SOLD
$2,300,000
New York
See Similar DealsMultiFamily3,750 SF
Sold 10/10/2025
SOLD
Maria Papagiannakis Acquires Multifamily Asset In Astoria From Konstantinos Tzaras For $2.3M
30 86 31st Street
See Similar DealsMultiFamily3,750 SF
Sold 10/10/2025
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$613
Total Square Footage:3,750 SF
Transaction Type:Sale
The property involved in this transaction is a multifamily asset situated at 30-86 31st Street in the Astoria market. The sale price for this property was $2,300,000, encompassing a total of 3,750 square feet and 5 units, which results in a price per unit of $460,000 and a price per square foot of $613.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,300,000
- Units: 5
- Square Footage: 3,750
- Price Per Unit: $460,000
- Price Per Square Foot: $613
- Buyer: Maria Papagiannakis
- Seller: Konstantinos Tzaras
- Brokers: Theodosis Neocli & Marius Rungo - Astoria Realty
The transaction was facilitated by brokers Theodosis Neocli and Marius Rungo, who represent Astoria Realty in this deal, connecting buyer Maria Papagiannakis with seller Konstantinos Tzaras for the purchase of the multifamily property.
Players
BROKERAGE
Details
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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$122,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,171.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,903.17
Annual Debt Service$130,838.08
Is there something missing? Send suggestions