Mordechai Schwimmer acquired a five-parcel development site in Astoria for $12 million in an off-market deal brokered by Landair Property Advisors. The purchase from the Pinto family spans 34-10 to 34-24 38th Street and supports plans for an 89-unit, 63,880-square-foot residential project, which is pending permit approval. The first transaction included three properties totaling $7.8 million, and the second added two more for $4.2 million. Combined, the lots offer 46,728 buildable square feet.
Mordechai Schwimmer
