Ioannis Likidis Acquires Retail Property From Martin Scharf Of Abro Management For $10M

The retail property located at 22-55 31st Street in Astoria was sold for $10,000,000. The asset encompasses a total area of 16,380 square feet, resulting in a price per square foot of $610.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $10,000,000
• Buyer: Ioannis Likidis
• Seller: Martin Scharf - Abro Management
• Broker: Yoel Rahmani - Venture Capital Properties

The transaction highlights the involvement of Martin Scharf from Abro Management as the seller, while the buyer, Ioannis Likidis, completed the acquisition. Yoel Rahmani from Venture Capital Properties represented the broker in this transaction, facilitating the deal in the retail market of Astoria.