Ioannis Likidis Acquires Mixed-Use Property In Long Island City For $2.2M
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This Mixed-use property located in NY was sold for $2,200,000 about 3 years ago. The brokers of the deal were Paul Youssef, Lazarus Apostolidis, and Matthew (Matt) Fotis
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- Location5-34 50th Avenue, Long Island City, NY, USA
- Sale Price$2,200,000$517 PPSF
- Area4,250 SF
- Asset TypeMixed-use
- Parties3 Brokers, 2 Agencies
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Deal Summary
SALE
IMAGE: Lazarus Apostolidis, Matt Fotis & Paul Youssef
DATE: 02/08/2021
ADDRESS: 5-34 50th Avenue
MARKET: Long Island City
ASSET TYPE: Mixed-use ~ ZONING: M1-4/R6B, LIC
BUYER: Ioannis Likidis
SELLER: Palumbo Family
BROKERS: Paul Youssef, Matt Fotis & Lazarus Apostolidis – Marcus & Millichap
SALE PRICE: $2,200,000
BSF: 5,000 ~ PPBSF: $440
SF: 4,250 ~ PPSF: $517
UNITS: 3 ~ PPU: $733,333
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5-34 50th Avenue
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