Frank L. Kurre Acquires Apartment In Ridgewood, Queens For $5.05M

The property at 1723 Woodbine Street in Ridgewood, Queens has been sold in a recent transaction. The apartment building, with a zoning classification of R6B and C1-4, offers a total buildable square footage (BSF) of 11,800 and a price per BSF of $427. The property spans an area of 19,175 square feet, resulting in a price per square foot (PPSF) of $263. The total lot size is 5,900 square feet, with dimensions of 59.25 feet by 100 feet. The transaction took place on March 1, 2022, with a sale price of $5,050,000.

Summary of transaction details:

• Property Type: Apartment
• Transaction Amount: $5,050,000
• Market: Ridgewood, Queens
• Zoning: R6B, C1-4
• Total BSF: 11,800
• Price per BSF: $427
• Total Square Footage: 19,175
• Price per Square Foot: $263
• Lot Size: 5,900
• Lot Dimension: 59.25 ft x 100 ft

The buyer involved in the transaction is Frank L. Kurre, while the seller is Palma Francisco. The deal closed with a floor area ratio (FAR) of 3.25 and a tax class of 2. An alteration permit was obtained for the property on March 4, 2016.