UnicornPropertiesGroup Acquires Multifamily Property In Ridgewood, Queens For $700K

Located at 17-36 George St in Ridgewood, Queens, this multifamily property was recently sold in a closed transaction on February 24, 2021. The property is zoned as R6B and offers a total building square footage of 4,054. The sale price was set at $700,000, resulting in a price per square foot of $305. The property spans across a lot size of 2,291 square feet.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $700,000
• Address: 17-36 George St, Ridgewood, Queens
• Market: Ridgewood, Queens
• Zoning: R6B
• Building Square Footage: 4,054
• Price per Square Foot: $305

The buyer of this property is represented by Eric Carino and Enrico Ferri from Unicorn Properties Group. They have expressed their interest in purchasing 1-5 unit properties in Brooklyn, Queens, and Manhattan. They are particularly interested in single, multi-unit, and mixed-use properties that require rehabilitation or have the potential for a condo conversion. For more information, potential sellers can reach out to Enrico Ferri, the Senior Director of Real Estate Acquisitions at Unicorn Properties Group.