June 1, 2017 Comments Off on Walkup Apartments Sell for $293K per Unit Views: 341 New York News, Outer Boroughs New York

Walkup Apartments Sell for $293K per Unit

Real estate investor Urban American paid $20.5 million for two five-story buildings with a total of 70 apartments in the Astoria neighborhood of Queens. That works out to a price of almost $293,000 per apartment.

“Under long-term ownership prior to the sale, the buildings provide the new owner with an opportunity for immediate upside,” says Peter Von Der Ahe of Marcus & Millichap, which represented the seller, Takis Tsagronis, and procured the buyer.

Located at 30-58 34th St. and 30-64 34th St., between 30th Avenue and 31st Ave., the contiguous, walkup buildings total 49,600 square feet.

Read More at M&M

Connect with M&M’s Von Der Ahe

For comments, questions or concerns, please contact Bendix Anderson

Subscribe to Connect Daily New York

Share on FacebookTweet about this on TwitterShare on LinkedInEmail this to someone

Tags: ,

Comments are closed.