Marcel Fridman Sells Multifamily Asset At 1708 Madison Street Ridgewood For $1.75M

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.