Carter Martin Acquires Ridgewood Apartment Building For $3.6M

An apartment located at 1828 George Street in Ridgewood, Queens was recently sold in a closed transaction. The sale took place on January 28, 2022, and the property was zoned as R6B. The apartment has a total building square footage of 5,004, with a price per square foot of $719. The total lot size is 2,502 square feet, with dimensions measuring 25 feet by 100.08 feet. The transaction was classified under tax class 2A, and the property's floor area ratio (FAR) is 1.95.

Summary of transaction details

• Property Type: Apartment
• Transaction Amount: $3,600,000
• Market: Ridgewood, Queens
• Buyer: Carter Martin
• Seller: Derek Bestreich
• Price per square foot: $737
• Permits: Alteration 2 (02/27/2017)

Carter Martin acted as the buyer in this transaction, while Derek Bestreich served as the seller. The transaction saw a buyer's sale price of $3,600,000. The apartment's interior space spans a total of 4,879 square feet. Furthermore, the price per square foot for the property was $737. Carter Martin was represented by 's REP, and Derek Bestreich was represented by 's REP.