SOLD
Soon Lee Acquires Retail Property In Astoria For $4.9M From Crown Acquisitions
22-28 31st Street
Retail
3,000 SF
3,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Retail
3,000 sqft
The property involved in this closed transaction is a retail asset located at 22-28 31st Street in Astoria. The property is zoned as C4-2A and spans a total of 3,000 square feet. The sale of this property took place on 03/01/2021, with Nathan Elmekies from Elmekies Equities representing the buyer Soon Lee and Nathan Elmekies representing the seller Crown Acquisitions.
Summary of Transaction Details
- Property Type: Retail
- Transaction Amount: $4,900,000
- Address: 22-28 31st Street
- Market: Astoria
- Zoning: C4-2A
Nathan Elmekies from Elmekies Equities played a key role as the broker in this transaction. The property was sold at a slight discount from its original asking price of $5,000,000. With a building square footage (BSF) of 7,500, the price per BSF was approximately $653. The price per square foot (PPSF) was calculated to be $1,633.
Players
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1
Agents
1
Details
SOLD
IMAGE: Nathan Elmekies
DATE: 03/01/2021
ADDRESS: 22-28 31st Street
MARKET: Astoria
ASSET TYPE: Retail ~ ZONING: C4-2A
BUYER: Soon Lee
SELLER: Crown Acquisitions
BROKER: Nathan Elmekies @ElmekiesEquities
ASKING PRICE: $5,000,000
SALE PRICE: $4,900,000
BSF: 7,500 ~ PPBSF: $653
SF: 3,000 ~ PPSF: $1,633View on map
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Address22-28 31st Street
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