June 5, 2020 Comments Off on Astoria Post Office Trades for $7M Views: 540 New York News, Outer Boroughs New York

Astoria Post Office Trades for $7M

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Ripco Real Estate completed the sale of the 7,668-square-foot Woolsey Station Post Office Building located at 2268 31st St. in Astoria, Queens for $7.35 million. The building, originally owned by Ditmars Associates LLC, a New York-based ownership group, sold to LG Astoria LLC.

Despite the chaos of the pandemic, Ripco broker Greg Batista was able to get an estoppel from the facilities specialist. This was the last item needed to make the closing happen.

Asked how he was able to get the estoppel, Batista said, “Persistence. I just had to keep making the phone calls to connect to the right person. Once I connected, the people at the post office were very cooperative and helped make it happen.”

Batista and his colleagues Todd Cooper and Mark Kaplan represented Ditmars Associates. The buyer didn’t use any brokers.

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