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Astoria mixed-use residential complex sold for $51M

Photo courtesy of Scott Bintner/PropertyShark 

A large Astoria mixed-use residential portfolio was sold for $51 million on Thursday, according to a published report.

Kushner Companies bought the 143-unit, four-building complex, which also has 11 commercial spaces. The four buildings are located at 21-81 and 21-80 38th St., and 23-15 and 23-05 30th Ave.

Seller RockFarmer Capital bought the buildings for $32 million just two years ago and reached a deal with Kushner in just a handful of weeks, according to The Real Deal.

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