Moses Rabinowitz Purchases Development Site From Alex Adjmi For $6.4M In Ridgewood

The development site located at 57-23 Myrtle Avenue in Ridgewood has been sold for a transaction price of $6,400,000. The property encompasses a building square footage (BSF) of 39,654 and a price per building square foot (PPBSF) of $161. Additionally, the site has a total square footage (SF) of 13,218, translating to a price per square foot (PPSF) of $484.

Summary of transation details:

• Property Type: Development Site
• Transaction Amount: $6,400,000
• Buyer: Moses Rabinowitz
• Seller: Alex Adjmi
• Brokers: Jonah Corney & Levi Rotenberg - Rosewood Realty Group

The transaction was facilitated by brokers Jonah Corney and Levi Rotenberg representing Rosewood Realty Group. Each played a crucial role in connecting the buyer, Moses Rabinowitz, and the seller, Alex Adjmi, in this successful deal.