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30-12 49th Street
SOLD

Brandon Guan Acquires Multifamily Property In Astoria, Queens For $1.7M

30-12 49th Street

MultiFamily
5,250 SF
clock iconSold 1 year ago
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Summary

Sale
NEW YORK
MultiFamily
5,250 sqft

A multifamily property located at 30-12 49th Street in Astoria, Queens, was recently sold in a closed transaction. The property consists of 6 units spanning a total of 5,250 square feet. The sale price for the property was $1,700,000, resulting in a price per unit of $283,333 and a price per square foot of $323. The transaction achieved a cap rate of 3.5%.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,700,000
  • Address: 30-12 49th Street, Astoria, Queens

The buyer of the property was Brandon Guan, while the seller was Sal Sorrento. Representing the seller in the deal was Stephen R. Preuss SR.

Players

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    2

  • Agents

    1

  • Agencies

    1

Stephen R. Preuss Sr.'s profile picture
Stephen R. Preuss Sr.
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Vice Chairman
$1.3B Sold

Details

Deal Summary
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SOLD
IMAGE: Stephen R. Preuss ADDRESS: 30-12 49th Street MARKET: Astoria, Queens ASSET TYPE: Multifamily BUYER: Brandon Guan SELLER: Sal Sorrento SELLER’S REP: Stephen R. Preuss SR SALE PRICE: $1,700,000 UNITS: 6 ~ PPU: $283,333 SF: 5,250 ~ PPSF: $323 NOTE: 3.5% CAP RATE

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Address30-12 49th Street

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