Belyi and Alafoyiannis of Greiner-Maltz complete two Astoria sales
January 4, 2008 - Brokerage
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.