Yitzchok Katz Acquires Single Family Property In Old Astoria, Queens For $5.15M

The property asset involved in this transaction is a single-family home located at 26-18 3rd Street in Old Astoria, Queens. The sale was finalized on February 3, 2022, for the amount of $5,150,000. The building has a total square footage of 1,240 and a building size factor of 15,066, resulting in a price per building square foot of $341 and a price per square foot of $4,153. The zoning classification is R6, and the lot size measures 6,200 square feet with lot dimensions of 50 ft x 124 ft. The tax class for the property is 1, and there is an alteration permit issued on January 26, 2022.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $5,150,000
• Buyer: Yitzchok Katz
• Seller: Emmanuel Mathioudakis
• Building Size Factor: 15,066
• Price Per Building Square Foot: $341
• Total Square Footage: 1,240
• Price Per Square Foot: $4,153
• Floor Area Ratio: 0.20
• Tax Class: 1
• Lot Size: 6,200
• Lot Dimensions: 50 ft x 124 ft
• Permits: Alteration (01/26/2022)

Yitzchok Katz and Emmanuel Mathioudakis were the key individuals in this deal, representing the buyer and seller, respectively. Their roles were critical in completing the transaction and ensuring the asset's transfer from seller to buyer. The transaction highlights the activity within the real estate market in Old Astoria.