Garri Family Sells Woodbine Street Multifamily In Ridgewood For $1.95M

The multifamily property located at 18-23 Woodbine Street in Ridgewood was recently sold in a transaction. The property spans 5,600 square feet and consists of 6 units. The sale price for this transaction was $1,950,000, resulting in a price per unit of $325,000. The price per square foot was calculated to be $348.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $1,950,000
• Address: 18-23 Woodbine Street
• Market: Ridgewood
• Units: 6
• Price per Unit: $325,000
• Square Footage: 5,600
• Price per Square Foot: $348

The seller in this transaction was the Garri Family. The broker representing the seller was Marcel Fridman from Barcel Group. It is worth noting that the property was delivered fully vacant at the time of closing, as mentioned by the broker.