News: Brokerage

Belyi and Alafoyiannis of Greiner-Maltz complete two Astoria sales

According to Greiner-Maltz, the firm has completed the sales of 24-24 Steinway St. and 31-18 24th Ave. In early 2007, Isabella Appliance Company, an Astoria, Queens landmark with more than 50 years in business, appointed Greiner-Maltz brokers, Dmitri Belyi and Kostas Alafoyiannis as their exclusive agents in order to sell their existing 2,500 s/f store at 24-24 Steinway St. along with an additional 4,500 s/f of warehouse space at 31-18 24th Ave. A few months later, the two properties were both under contract, and have recently sold at an average price of $400 per s/f. The properties were acquired by local investors with plans to renovate and possibly expand the existing buildings. In both transactions the seller and the purchasers were represented by Greiner-Maltz senior director, Belyi and Greiner-Maltz director, Alafoyiannis.
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