Michael Sy Acquires MultiFamily Property At 25-54 37th Street Astoria From George Emanuel For $2.285M

The property located at 25-54 37th Street in Astoria is a detached three-family brick townhouse. The transaction was finalized for $2,285,000, encompassing 4,000 square feet. The asset includes three residential units, a finished basement with private entrances, and a landscaped backyard situated on a 25 x 100 ft lot.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $2,285,000
• Units: 3
• Price Per Unit: $761,666
• Square Feet: 4,000
• Price Per Square Foot: $571
• Buyer: Michael Sy
• Seller: George Emanuel
• Broker Representatives: Carmela Vlacich & Daniela Vlacich

Carmela Homes facilitated this notable closing, extending their congratulations to both the seller, George Emanuel, and the buyer, Michael Sy. The property’s notable features include limestone architectural details, extensive capital improvements, and a rooftop terrace with views of Astoria and the Manhattan skyline.