facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Retail

/

Sale

/

33 12 30th Avenue

Tom Kourkoumelis And George Dourountoudakis Acquire Mixed-Use Property In Astoria For $2.4M
SOLDRetail

Tom Kourkoumelis And George Dourountoudakis Acquire Mixed-Use Property In Astoria For $2.4M

33 12 30th Avenue

$2,400,000

$492/SF

Building Size

4,870 SF

Asset Type

Retail

Closing

Oct 22, 2025

AI

The property involved in this transaction is a mixed-use asset located at 33-12 30th Avenue in the Astoria market. The sale price was $2,400,000, covering a total area of approximately 4,870 square feet, resulting in a price per square foot of $492.

Summary of transaction details:

  • Property Type: Mixed-Use
  • Transaction Amount: $2,400,000
  • Address: 33-12 30th Avenue
  • Market: Astoria
  • Square Footage: 4,870
  • Price Per Square Foot: $492
  • Buyer: Tom Kourkoumelis & George Dourountoudakis
  • Seller: Flagstar
  • Seller's Representative: Dylan Walsh, Nick Kolbus & Kieran Baker - Cushman & Wakefield

This transaction is part of a larger portfolio that is being offered throughout NYC and metropolitan New York, highlighting the ongoing market activity in this region.

Players

Dylan Walsh

Cushman & Wakefield

Broker

$600.9M

vol

75 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

Astoria Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.61%

Cash-on-Cash

-1.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93