Updated Oct 12, 2026
SOLDDevelopment Site
Daryl Hagler Acquires Development Site At 3-50 Saint Nicholas Avenue In Ridgewood For $75.8M
3-50 Saint Nicholas Avenue
$75,800,000
$299/SF
Building Size
252,850 SF
Asset Type
Development Site
Closing
Sep 29, 2026
About this deal
AI
The property involved in this transaction is a development site located at 3-50 Saint Nicholas Avenue in Ridgewood, Queens. The buyer of the asset is Daryl Hagler, who acquired the site for a total sale price of $75,800,000. The total square footage of the property is 252,850, which translates to a price per square foot of $300.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $75,800,000
- Buyer: Daryl Hagler
- Address: 3-50 Saint Nicholas Avenue
- Market: Ridgewood, Queens
- Square Footage: 252,850
- Price per Square Foot: $300
In this transaction, Daryl Hagler acted as the buyer, facilitating the acquisition of the development site. No additional representatives or agencies were noted in relation to this sale.
On the Map
$75,800,000
$299/SF
Development Site
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Players
Ridgewood Development Site Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.21%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93