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Xu Family Acquires Multifamily Property On Bleecker Street, Ridgewood Queens For $1.41M From Seller Silvershore Properties

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SOLD
$1,410,000

New York

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MultiFamily3,600 SF
Sold 08/20/2018
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SOLD

Xu Family Acquires Multifamily Property On Bleecker Street, Ridgewood Queens For $1.41M From Seller Silvershore Properties

1823 Bleecker Street, Ridgewood, NY 11385

See Similar Deals
MultiFamily3,600 SF
Sold 08/20/2018
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$391
Total Square Footage:3,600 SF
Transaction Type:Sale

An apartment building located at 1823 Bleecker Street in Ridgewood, Queens was recently sold in a transaction. The multifamily property, spanning approximately 3,600 square feet, was purchased by the Xu family from Silvershore Properties for a total price of $1,410,000. The transaction took place on August 20, 2018, and the property was represented by Daniel Barcelowsky from Evergreen Realty & Investments. The building, situated in the Ridgewood market, offers a potential buyer an opportunity to invest in the thriving Queens neighborhood.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,410,000
  • Address: 1823 Bleecker Street, Ridgewood, Queens
  • Market: Ridgewood
  • Bought in October 2015 for $950,000
  • Square Footage: 3,600

The Xu family acquired this property from Silvershore Properties, a notable real estate company. The transaction was facilitated by Daniel Barcelowsky, representing Evergreen Realty & Investments. It is worth noting that the building had three vacancies at the time of closing, and it has dimensions of 20x60.

Players

Daniel Barcelowsky
52 deals$83.9M volume
BROKER

SELLER

Details

SOLD
IMAGE: David Shorenstein (@ShoreShot1) and Daniel Barcelowsky DATE: 8/20/2018 ADDRESS: 1823 Bleecker Street MARKET: Ridgewood, Queens ASSET TYPE: Multifamily BUYER: Xu family SELLER: Silvershore Properties BROKERS: Daniel Barcelowsky BROKERAGE: Evergreen Realty & Investments PRICE: $1,410,000 SF: 3,600 ~ PPSF: 391 NOTE: Bought in Oct/2015 for 950K. 3 Vacancies at closing, building is 20x60

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