Updated Aug 7, 2026
Marcel Fridman Sells Multifamily Asset At 1708 Madison Street Ridgewood For $1.75M
1708 Madison Street
$1,750,000
$307/SF
Building Size
5,700 SF
Asset Type
MultiFamily
Closing
Jul 27, 2026
About this deal
AI
The property involved in this transaction is a multifamily asset located at 1708 Madison Street in the Ridgewood market. It was sold for $1,750,000 and consists of 6 units with a total square footage of 5,700, translating to a price per unit of $291,666 and a price per square foot of $307.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,750,000
- Units: 6
- Square Footage: 5,700
- Price Per Unit: $291,666
- Price Per Square Foot: $307
- Seller: Marcel Fridman
- Broker: Marcel Fridman - Barcel Group
- Date of Sale: 07/27/2026
Marcel Fridman acted as the broker representing himself in this transaction while facilitating the sale. This deal showcases his involvement in the multifamily sector through his agency, Barcel Group, within the Ridgewood market.
On the Map
$1,750,000
$307/SF
MultiFamily
View full map
Players
Ridgewood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Marcel Fridman to view all their deals.
Browse Ridgewood multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93