Marcus & Millichap - Tri Borough Multi-Family

24-14 28th Street

24-14 28th Street
, Queens

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Price: $1,700,000
Building Size: 8,350 Square Feet
Property Type: Multi Family
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew(dotted)Fotis(at)marcusmillichap(dotted)com
INVESTMENT OVERVIEW:

In the winter of 2012, we sold an apartment building at 24-14 28th Street, in the Astoria section of Queens, NY. The building was in good condition and composed of 9 apartment units and 2 parking units. The owner was retiring and no longer wanted the obligation of managing the property. Ultimately, the seller signed a completely non contingent contract with a buyer at full price who closed “All Cash” while receiving a loan from a bank.