Yisroel Rosen Acquires Multifamily Property In Ridgewood, Queens For $2.29M

A multifamily property located at 18-68 Palmetto Street & 1369 Greene Avenue in Ridgewood, Queens and Bushwick, Brooklyn has been sold for a total price of $2,290,000. The property consists of 12 units with an average price per unit of $190,833. It spans a total of 9,150 square feet, with a price per square foot of $250.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $2,290,000
• Units: 12
• Average Price Per Unit: $190,833
• Square Footage: 9,150
• Price Per Square Foot: $250

The buyer of the property is Yisroel Rosen, while the seller is Simon Marom. The deal was facilitated by brokers Zachary Fuchs and Moshe Goldberger from GFI Realty.