SOLDMixed-use
Afshin Hedvat Purchases Mixed-Use Property At 756 Woodward Avenue From Martha Camlan For $1.275M
756 Woodward Avenue
$1,275,000
$398/SF
Building Size
3,200 SF
Asset Type
Mixed-use
Closing
Oct 5, 2026
About this deal
AI
The property asset involved in this transaction is a mixed-use building located at 756 Woodward Avenue in Ridgewood, comprising 1 commercial unit and 2 residential units. The sale price for this asset was $1,275,000, with a total of 3 units available. The building encompasses 3,200 square feet, resulting in a price per square foot of $398 and a price per unit of $425,000.
Summary of transaction details:
- Property Type: Mixed-use (1 Commercial & 2 Residential)
- Transaction Amount: $1,275,000
- Units: 3
- Price Per Unit: $425,000
- Square Footage: 3,200
- Price Per Square Foot: $398
- Buyer: Afshin Hedvat
- Seller: Martha Camlan
- Brokers: Luca DiCiero, Giuseppe Gregorio & Caitlin Hynes - NY Space Finders
Key individuals involved in the transaction include the buyer Afshin Hedvat and the seller Martha Camlan. The brokers representing the transaction were Luca DiCiero, Giuseppe Gregorio, and Caitlin Hynes from NY Space Finders, facilitating the deal between the parties involved.
On the Map
$1,275,000
$398/SF
Mixed-use
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Players
Ridgewood Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.44%
Cash-on-Cash
-3.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93