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

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.