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Solomon Pavel Acquires Mixed-Use Property In Ridgewood, Queens For $1.525M

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SOLD
Shaun Riney
Andrew Reiter
+ 2

New York

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Property Image
SOLD

Solomon Pavel Acquires Mixed-Use Property In Ridgewood, Queens For $1.525M

310 St Nicholas Ave, Brooklyn, NY 11237, USA

See Similar Deals
Mixed-use4,375 SF
Sold 07/25/2018
Shaun Riney
Andrew Reiter
+ 2
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$0
Total Square Footage:4,375 SF
Transaction Type:Sale

The property involved in this closed transaction is a mixed-use asset located at 279 Saint Nicholas Avenue in the Ridgewood neighborhood of Queens. The asset includes three apartments, one store, and two garages. The transaction took place on 01/23/2023.

Summary of transaction details:

  • Property Type: Mixed-Use (3 Apartments, 1 Store, 2 Garages)
  • Transaction Amount: $1,525,000
  • Square Footage: 3,000
  • Price per Square Foot: $508
  • Number of Units: 4
  • Price per Unit: $381,250
  • Market: Ridgewood, Queens

The buyer in this transaction is Solomon Pavel, while the seller is David Shorenstein. The deal was facilitated by Derek Bestreich, Steve Reynolds, Tom Reynolds, and Brian Davila from Investment Property Realty Group (IPRG). The seller's attorney for this transaction was David Lachtman.

Players

3 deals$2M volume(800) 356-7402
BROKER


David Shorenstein
60 deals$187.3M volume
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David Shorenstein
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Shaun Riney
Marcus & Millichap
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Thomas (Tom) Shihadeh
Marcus & Millichap
15 deals$46.5M volume
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Details

SOLD
IMAGE: Derek Bestreich, Steve Reynolds & David Lachtman DATE: 01/23/2023 ADDRESS: 279 Saint Nicholas Avenue MARKET: Ridgewood, Queens ASSET TYPE: Mixed-Use (3 Apts, 1 Store & 2 Garage) BUYER: Solomon Pavel SELLER: David Shorenstein BROKERS: Derek Bestreich (@Dsb619), Steve Reynolds (@SteveReynoldsNYC), Tom Reynolds (@TomReynolds_CRE), Brian Davila (@Vills25) - Investment Property Realty Group (IPRG) (@IPRG_NY) SELLER'S ATTORNEY: David Lachtman SALE PRICE: $1,525,000 SF: 3,000 ~ PPSF: $508 UNITS: 4 ~ PPU: $381,250

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