facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Mixed Use

/

Sale

/

652 Seneca Avenue

Yechezkiel Schwimmer Acquires Mixed-Use Property From The Kwok Family For $1.6M In Ridgewood
SOLDMixed-use

Yechezkiel Schwimmer Acquires Mixed-Use Property From The Kwok Family For $1.6M In Ridgewood

652 Seneca Avenue

$1,600,000

$297/SF

Building Size

5,375 SF

Asset Type

Mixed-use

Closing

Mar 11, 2025

AI

The property involved in this transaction is a mixed-use asset located at 652 Seneca Avenue in the Ridgewood market. The sale price of the property was $1,600,000, with a total square footage of 5,375 and a price per square foot of $297.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $1,600,000
  • Address: 652 Seneca Avenue
  • Market: Ridgewood
  • Square Footage: 5,375
  • Price per Square Foot: $297
  • Buyer: Yechezkiel Schwimmer
  • Seller: The Kwok Family
  • Broker: Josh Farshad - Park View

The deal involved Yechezkiel Schwimmer as the buyer, while The Kwok Family acted as the seller. Josh Farshad from Park View represented the transaction, facilitating the sale of the property. Interested parties can reach out to Josh Farshad at 516-669-1681 for more off-market deals and inquiries.

Players

Josh Farshad

Broker

$3.8M

vol

2 deals

Broker
Park View Realty
Park View RealtyBrokerage

Ridgewood Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.91%

Cash-on-Cash

-2.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93