Gil Zaburov And Benny Nisanov Acquire 63-56 Forest Avenue Mixed-use Property For $2M

This mixed-use property, located at 63-56 Forest Avenue in Ridgewood, has a residential component consisting of 4 units and a commercial unit. The sale concluded for a total price of $2,000,000, with an average price per unit of $400,000. The property spans a total square footage of 5,400, resulting in a price per square foot of $370.

Summary of transaction details:

• Property Type: Mixed-use (4 Residential & 1 Commercial)
• Transaction Amount: $2,000,000
• Buyer: Gil Zaburov & Benny Nisanov
• Seller: Turano Family
• Broker: Lev Mavashev & Ben Normatov - Alpha Realty
• Units: 5
• Price per Unit: $400,000
• Square Footage: 5,400
• Price per Square Foot: $370

Lev Mavashev and Ben Normatov represented Alpha Realty in the successful transaction between the buyers and selling party. The brokers extend their congratulations to both the Zaburov and Nisanov families, wishing them luck in their new acquisition.