SOLD
Marcus & Millichap Facilitates $11.2M Cash Closing For Astoria Multifamily Property
30-47 29th Street
MultiFamily
34,500 SF
34,500 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
34,500 sqft
A multifamily property located at 30-47 29th Street in Astoria, Queens has been sold for $11,200,000. The property consists of 45 units with an average price per unit of $248,888. It spans across 34,500 square feet, resulting in a price per square foot of $324. The sale closed in cash for $250,000 above the asking price.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $11,200,000
- Units: 45
- Price per Unit: $248,888
- Square Footage: 34,500
- Price per Square Foot: $324
- Market: Astoria, Queens
The sale of 30-47 29th Street was facilitated by brokers Shaun Riney, Dylan Walsh, and Sean Fopeano from Marcus & Millichap New York.
Players
All
5
Agents
3
Agencies
2
Details
SOLD
IMAGE: Sean Fopeano, Shaun Riney, & Dylan Walsh
DATE: 10/04/2021
ADDRESS: 30-47 29th Street
MARKET: Astoria, Queens
ASSET TYPE: Multifamily
BROKERS: Shaun Riney (@ShaunRiney1), Dylan Walsh (@DylWalCRE) & Sean Fopeano (@Sean_Fopeano_NYMf) - @NewYorkMultifamily @MarcusMillichap_NY
SALE PRICE: $11,200,000
UNITS: 45 ~ PPU: $248,888
SF: 34,500 ~ PPSF: $324
NOTE FROM @NewYorkMultifamily: Cash closing that closed for $250,000 above asking price.View on map
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Address30-47 29th Street
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