QUEENS REAL ESTATE NEWS

SPILLING THE BEANS ON QUEENS REAL ESTATE

TRADED: Hercules Argyriou buys 48-02 25 Ave from Victor Sismanogloug for $16,000,000

Hercules Argyriou buys 48-02 25 Ave from Victor Sismanogloug for $16,000,000 ($158 per square foot). The Property is located in Astoria, NY and traded on May 9, 2016.

Building

Office: Fireproof Up to 9 Stories

Year Built 1930
Year Renov 2006
Class O1

Building Dimensions

Floors 4
Max Floor Plate 19,200 sf
Frontage 120.00 ft
Depth 160.00 ft

Lot Dimensions

# of Buildings 1
Area 34,055 sf
Frontage 200.03 ft
Depth 224.70 ft

Building SF Breakdown

Type % of Total Usable SF + Loss Factor = Rentable SF
Commercial (5 units) 100% 100,749 100,749
Office 88% 89,000 + 25% 111,250
Garage 12% 11,749 + 25% 14,686
Residential (0 units) 0% 0 0
Total (5 units) 100,749 125,936

 

48-02 25 Ave