Yanni Likidis Acquires Multi Family Property In Ridgewood For $1.3M By Buyer Rep George Koncilja & Seller Rep Dominick Schook
1668 George St, Ridgewood, NY 11385, USA
Building Size
3,250 SF
Asset Type
MultiFamily
Closing
Nov 28, 2020
AI
Located in Ridgewood, New York, the multi-family property at 1668 George Street has been sold in a closed transaction. The property spans across 3,250 square feet and was sold for a price of $1,300,000. This deal involved Juan Rivera as the seller and Yanni Likidis as the buyer.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $1,300,000
- Address: 1668 George Street
- Market: Ridgewood
The buyer was represented by George Koncilja from Oxford Property Group, while the seller was represented by Dominick Schook from Charles Rutenberg – RealEstate.
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93