Dr. Matthew Werth Acquires Office At 23-23 30th Road In Astoria For $1.009M
23 23 30th Road
$1,009,000
$191/SF
Building Size
5,259 SF
Asset Type
Office
Closing
Jan 29, 2026
About this deal
AI
The property involved in this transaction is an office asset located at 23-23 30th Road in Astoria. The sale price was $1,009,000, with a total square footage of 5,259, resulting in a price per square foot of $191.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,009,000
- Address: 23-23 30th Road
- Market: Astoria
- Square Footage: 5,259
- Price Per Square Foot: $191
- Buyer: Dr. Matthew Werth
- Seller: Eric Belanich
- Buyer's Representative: Seth Kessler & Ananda M. Gellock - Real New York
- Seller's Representative: Luca DiCiero & Faisal Gilani - NY Space Finders
Dr. Matthew Werth was the buyer in this transaction, while Eric Belanich acted as the seller. The representatives for the buyer were Seth Kessler and Ananda M. Gellock from Real New York. The transaction also involved Luca DiCiero and Faisal Gilani representing the seller from NY Space Finders.
On the Map
$1,009,000
$191/SF
Office
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Players
Astoria Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.72%
Cash-on-Cash
-4.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93