Simkho Aranbayev Acquires Retail Property In South Astoria, Queens For $5.8M

The property located at 28-33, 30-19, 30-28, and 30-29 Steinway Street in South Astoria, Queens has been sold in a recent transaction. The asset is a retail space with a zoning classification of C4-2A. The property is spread over 3,371 square feet and has a building square footage (BSF) of 28,188. The price for this transaction was $5,800,000, with a price per BSF (PPBSF) of $206. The sale price per square foot (PPSF) comes to $440. The lot dimensions are 37.53 ft x 94.84 ft, and the lot size is 13,185 square feet. The property's floor area ratio (FAR) is 2.12, and it falls under tax class 4. The previous sale of this property had a sale price of $0.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $5,800,000
• Market: South Astoria, Queens
• Zoning: C4-2A
• BSF: 28,188
• PPBSF: $206
• SF: 13,185
• PPSF: $440
• Lot Size: 3,371
• Last Sale Price: $0
• Lot Dimension: 37.53 ft x 94.84 ft
• FAR: 2.12
• Tax Class: 4

In this transaction, Simkho Aranbayev acted as the buyer, while Kevin Foley-Littell served as the seller.