Aryeh Mendlowic Acquires Multifamily Property On Greene Avenue In Ridgewood, Queens
SOLD
$1,190,000
New York
See Similar DealsMultiFamily2,750 SF
Sold
SOLD
Aryeh Mendlowic Acquires Multifamily Property On Greene Avenue In Ridgewood, Queens
1882 Greene Avenue, Ridgewood, NY 11385, USA
See Similar DealsMultiFamily2,750 SF
Sold
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$432
Total Square Footage:2750 SF
Transaction Type:Sale
The multifamily property located at 1882 Greene Avenue in Ridgewood, Queens, was recently sold for $1,190,000. The sale took place on January 22, 2019. The property spans a total area of 2,750 square feet, resulting in a price per square foot of $432.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,190,000
- Market: Ridgewood, Queens
- Property Address: 1882 Greene Avenue
- Property Size: 2,750 square feet
- Price Per Square Foot: $432
- Seller: Margaret Rivera
- Buyer: Aryeh Mendlowic
The broker involved in the deal was Elli Khafizov from AssetCRG. Elli represented both the seller, Margaret Rivera, and the buyer, Aryeh Mendlowic. Notably, this was Elli's second closing of 2019!
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$63,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,227.81
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,641.21
Annual Debt Service$67,694.49
Is there something missing? Send suggestions