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Onyx Equities Sells 16,698 Square Foot Retail Building In Ridgewood For $5.65 Million

Property Image
SOLD
$5,650,000
Andre Balthazard
Andrew "Andy" Schwartz
Jordan Sobel
+ 2

New Jersey

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Retail16,698 SF
Sold 01/13/2025
the dealplayerscompscontact
Property Image
SOLD

Onyx Equities Sells 16,698 Square Foot Retail Building In Ridgewood For $5.65 Million

38 Oak Street

See Similar Deals
Retail16,698 SF
Sold 01/13/2025
Andre Balthazard
Andrew "Andy" Schwartz
Jordan Sobel
+ 2
the dealplayerscompscontact
Contact now

Summary

NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$338
Total Square Footage:16,698 SF
Transaction Type:Sale

On January 13, 2025, a retail building at 30-38 Oak Street in Ridgewood was sold for $5,650,000. The asset spans 16,698 square feet and is 91.8% leased, featuring tenants such as Park West Tavern and Je Lu Ja Spa.

Summary of transaction details:

The buyer is an undisclosed investor who purchased the property, with representation provided by the brokers from Cushman & Wakefield, highlighting a collaborative approach in this transaction within the retail market segment.

Players

David Bernhaut
Cushman & Wakefield
David Bernhaut
48 deals$4.2B volume
BROKER
Andrew "Andy" Schwartz
Cushman & Wakefield
Andrew Schwartz
38 deals$333.5M volume
BROKER
Jordan Sobel
Cushman & Wakefield
Jordan Sobel
43 deals$395.1M volume
BROKER
Andre Balthazard
Cushman & Wakefield
Andre Balthazard
39 deals$351.5M volume
BROKER
Daniel (Dan) Bottiglieri
Cushman & Wakefield
Daniel Bottiglieri
18 deals$152.2M volume(732) 439-1919
BROKER

Details

SOLD
IMAGE: Jonathan Schultz, Andre Balthazard, Andrew Schwartz, Daniel Bottiglieri, David Bernhaut & Jordan Sobel DATE: 01/13/2025 ADDRESS: 30-38 Oak Street MARKET: Ridgewood ASSET TYPE: Retail SELLER: Jonathan Schultz (@StreetSchultz) - Onyx Equities BROKERS: Andre Balthazard (@Andre_Not_3000), Andrew Schwartz, Daniel Bottiglieri (@DanBottiglieri), David Bernhaut & Jordan Sobel (@JordanSobel) - Cushman & Wakefield (@CushWake) SALE PRICE: $5,650,000 SF: 16,698 ~ PPSF: $338 NOTE: Onyx Equities sold a 16,698-square-foot retail building in downtown Ridgewood for $5.65 million, 91.8% leased to tenants including Park West Tavern and Je Lu Ja Spa. The property, located at 30-38 Oak St., was acquired by an undisclosed investor and was represented by Cushman & Wakefield brokers.

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