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Lou Sbuttoni's Fuller Street Realty Acquires Multifamily Property In Flushing, Queens For $6.35M

42-41 & 42-45 155th Street
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This MultiFamily property located in NY was sold for $6,350,000 about 3 years ago. The brokers of the deal were Kevin Schmitz, Stephen R. Preuss Sr., and Kevin Louie

A multifamily property located at 42-41 & 42-45 155th St. in Flushing, Queens has been sold for $6,350,000. The property consists of 34 units with a price per unit of $187,000. The total square footage of the property is 25,840, resulting in a price per square foot of $246.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,350,000
  • Address: 42-41 & 42-45 155th St., Flushing, Queens
  • Market: Flushing, Queens
  • Buyer: Lou Sbuttoni - Fuller Street Realty
  • Seller: Frank Viola
  • Brokers: Stephen R. Preuss, Kevin Schmitz, and Kevin Louie
  • Units: 34
  • Price per Unit: $187,000
  • Total Square Footage: 25,840
  • Price per Square Foot: $246

Lou Sbuttoni, representing Fuller Street Realty, acted as the buyer in the transaction. The seller of the property is Frank Viola. The brokers involved in the deal were Stephen R. Preuss, Kevin Schmitz, and Kevin Louie of Team Preuss.

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Deals
  • Location
    42-41 155th St, Flushing, Queens County, NY, USA42-41 155th St, Flushing, Queens County, NY, USA
  • Sale Price
    $6,350,000$6,350,000
    $245 PPSF$245 PPSF
  • Area
    25,840 SF25,840 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Kevin Schmitz

Kevin Schmitz

Deals74
Sold$594.9M

Kevin Louie

Kevin Louie

Deals78
Sold$653.6M

Stephen R. Preuss Sr.

Stephen R. Preuss Sr.

Deals179
Financed$1.3B

Agency

Ripco

Ripco

Agency
Deals629
Volume$4.2B

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Deal Summary

SALE IMAGE: Kevin Schmitz, Stephen R. Preuss & Kevin Louie DATE: 03/17/2021 ADDRESS: 42-41 & 42-45 155th St. MARKET: Flushing, Queens ASSET TYPE: Multifamily BUYER: Lou Sbuttoni - Fuller Street Realty SELLER: Frank Viola BROKERS: Stephen R. Preuss, Kevin Schmitz & Kevin Louie @TeamPreuss SALE PRICE: $6,350,000 UNITS: 34 ~ PPU: $187,000 SF: 25,840 ~ PPSF: $246

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42-41 & 42-45 155th Street

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