RWK Companies Acquires Multifamily Portfolio In Ridgewood, Queens For $2.05M

Multifamily properties located at 6060 Catalpa Avenue, 1821 Cornelia Street, and 1814 Linden Street in Ridgewood, Queens were recently involved in a closed transaction. The properties offer a total of 18 units and have a combined square footage of 16,085. The transaction was facilitated by broker Adam Brostovski from GCP Capital, representing RWK Companies as the landlord. The lender for the transaction was Ridgewood Savings Bank with a loan amount of $2,050,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,050,000
• Number of Units: 18
• Square Footage: 16,085
• Property Addresses: 6060 Catalpa Avenue, 1821 Cornelia Street, 1814 Linden Street
• Market: Ridgewood, Queens

Adam Brostovski of GCP Capital represented RWK Companies as the landlord in this transaction. The deal was successfully executed with the assistance of Ridgewood Savings Bank as the lender.