Don Bichoupan And Jordan Cohen Acquire Multifamily Portfolio In Ridgewood For $6 Million

The asset involved in the transaction is a multifamily property located at 56-07/11/21 Clover Place in Ridgewood. The sale price was $6,000,000, encompassing a total of 28 units. The square footage of the property is 20,320, resulting in a price per unit of $214,285 and a price per square foot of $295.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,000,000
• Units: 28
• Square Footage: 20,320
• Price Per Unit: $214,285
• Price Per Square Foot: $295
• Buyer: Don Bichoupan & Jordan Cohen - Baker Capital Group LLC

Baker Capital Group announced the acquisition of a three-building free market portfolio. The company is actively seeking additional free market multifamily opportunities. Jordan Cohen can be reached at (516) 225-7509 or [email protected], while Don Bichoupan is available at (516) 776-3707 or [email protected].