Don Bichoupan And Jordan Cohen Acquire Multifamily Portfolio In Ridgewood For $6 Million
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Don Bichoupan And Jordan Cohen Acquire Multifamily Portfolio In Ridgewood For $6 Million
Summary
Transaction Type:Sale
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].
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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