Verv Capital And Chera Realty Group Acquire Medical Office In Astoria For $12.7M

An Astoria medical office located at 31-75 23rd Street has been sold for $12,745,000. The property spans 36,518 square feet, resulting in a price per square foot of $349. The transaction took place on 7th September 2021.

Summary of transaction details

• Property Type: Medical Office
• Transaction Amount: $12,745,000
• Address: 31-75 23rd Street, Astoria
• Market: Astoria

The buyer of the property is Verv Capital, represented by Edward Cohen from Chera Realty Group. The seller of the property is Emblem Health. William O'Brien and Davon Peters from M.C. O'Brian Inc served as the buyer's representatives, while Brian Givin from Colliers represented the seller.