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Dexter Adolphous Acquires Industrial Property In Ridgewood, Queens For $2.5M

Property Image
SOLD
$2,500,000
William (Will) Diana
Daniel (Dan) O'Brien
+ 1

New York

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Industrial8,000 SF
Sold 11/30/2021
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Property Image
SOLD

Dexter Adolphous Acquires Industrial Property In Ridgewood, Queens For $2.5M

1651 Cody Avenue, Ridgewood, Queens County, NY, USA

See Similar Deals
Industrial8,000 SF
Sold 11/30/2021
William (Will) Diana
Daniel (Dan) O'Brien
+ 1
Contact now

Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$312
Total Square Footage:8,000 SF
Transaction Type:Sale

The industrial property located at 1651 Cody Avenue in Ridgewood, Queens has been sold in a recent transaction. The property spans over 8,000 square feet and was sold for a total price of $2,500,000, resulting in a price per square foot of $312. The transaction took place on November 30, 2021.

Summary of transaction details

  • Property Type: Industrial
  • Sale Price: $2,500,000
  • Square Footage: 8,000
  • Price Per Square Foot: $312
  • Address: 1651 Cody Avenue, Ridgewood, Queens

The buyer of the property is Dexter Adolphous, while the seller is David Cacavo. The deal was facilitated by the brokers, Will Diana, Dan O'Brien, Caroline Hodes, and Casey Begoon from Cushman & Wakefield. It is worth noting that at the time of the sale, the property was 30% occupied.

For further information on this transaction or to inquire about the Queens market, please contact Will Diana at 631-942-2467 or via email at [email protected].

Players

Caroline Hodes
93 deals$1.8B volume(516) 263-9404
BROKER

William (Will) Diana
WTD Realty Partners
33 deals$110.3M volume
BROKER

William (Will) Diana
WTD Realty Partners
33 deals$110.3M volume
BROKER

Casey Begoon
Cushman & Wakefield
8 deals$52.4M volume
BROKER

Daniel (Dan) O'Brien
Newmark
145 deals$4.6B volume(212) 698-5584
BROKER

Artemis Realty Advisors
BROKERAGE

Details

SOLD
IMAGE: Caroline Hodes, Dan O'Brien, Will Diana & Casey Begoon DATE: 11/30/2021 ADDRESS: 1651 Cody Avenue MARKET: Ridgewood, Queens ASSET TYPE: Industrial BUYER: Dexter Adolphous SELLER: David Cacavo BROKERS: Will Diana (@WillDiana_), Dan O'Brien, Caroline Hodes (@CarolineHodes) & Casey Begoon (@Be_goon) - Cushman & Wakefield (@CushWake) SALE PRICE: $2,500,000 SF: 8,000 ~ PPSF: $312 NOTE FROM @CushWake: The Property was 30% Occupied at the time of sale. For additional details on the transaction or Queens market information please contact: 👤Will Diana 📱 631-942-2467 📧 [email protected]

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