Updated Dec 21, 2023
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
About this deal
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