One-three punch: LaMotta’s Astoria site slated for condo project

Great-nephew of “The Raging Bull” sold multifamily assemblage

New York /
Apr.April 10, 2015 03:10 PM

Christopher LaMotta, great-nephew of middleweight boxing great Jake “The Raging Bull” LaMotta, has sold a development site in Astoria that can hold as many as 70 luxury condominium units, The Real Deal has learned.

Effy Dionysiou, a Little Neck-based investor, and a Bayside-based Anagnostopoulos family trust have plans for a building at least seven stories tall. The site, which currently holds three contiguous rental buildings at 21-03, 21-07 and 21-09 Astoria Boulevard, offers 49,000 buildable square feet.

The new condo building would instead hold a roughly 5,000-square-foot retail space, and likely north of 60 apartments. There is nearly 3,000 square feet of existing retail space.

An architect has not yet been selected.

The new owners paid $7.5 million for the buildings, said the Bouklis Group’s Tom Bouklis, who represented the buyers and the seller. The Bouklis Group will also handle sales of the apartments, he said.

LaMotta is co-owner of Daniela Trattoria, an Italian restaurant in Midtown, and runs a Whitestone-based real estate business with his wife’s family. He said he occasionally visits his 92-year-old great-uncle at his home in Florida. Robert De Niro famously played the boxer in the 1980 Martin Scorsese film “Raging Bull.”


Related Articles

arrow_forward_ios
Kyle Bragg and Eric Benaim

Backers of big Queens megaprojects say city needs the jobs, homes

Backers of big Queens megaprojects say city needs the jobs, homes
22-15 31st Street (Google Maps)

Supermarket signals demise as Target eyes Astoria

Supermarket signals demise as Target eyes Astoria
Larry Silverstein of Silverstein Properties with renderings of the project (Getty, ODA)

Silverstein, Kaufman plan $2B Queens development

Silverstein, Kaufman plan $2B Queens development
34-08 30th Street (Credit: Google Maps)

Lawsuit accuses Astoria landlord, super of turning away blacks

Lawsuit accuses Astoria landlord, super of turning away blacks
19-40 Hazen Street in Queens (Credit: Google Maps)

Art gallery linked to lone mid-market sale in NYC this week

Art gallery linked to lone mid-market sale in NYC this week
Triplemint's David Walker and Gina Ko with The Alexandra (Credit: Triplemint)

Lead-gen firm Triplemint jumps into the new dev game

Lead-gen firm Triplemint jumps into the new dev game
Robert De Niro and 87 19th Avenue in Queens (Credit: Getty Images and Google Maps)

Robert De Niro, his broker son Raphael part of dev team planning $425M Queens studio

Robert De Niro, his broker son Raphael part of dev team planning $425M Queens studio
HUBB NYC picks up Astoria apartment building in biggest Queens multifamily deal so far this year

HUBB NYC picks up Astoria apartment building in biggest Queens multifamily deal so far this year

HUBB NYC picks up Astoria apartment building in biggest Queens multifamily deal so far this year
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...