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Jon Dimitrijevski Sells Ridgewood Multifamily Property For $2.1M With 5 BORO REALTY Broker

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SOLD
$2,100,000

New York

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MultiFamily5,775 SF
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Jon Dimitrijevski Sells Ridgewood Multifamily Property For $2.1M With 5 BORO REALTY Broker

352 Onderdonk Avenue, Queens, New York 11385, United States

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MultiFamily5,775 SF
Sold
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$363
Total Square Footage:5775 SF
Transaction Type:Sale

The multifamily property located at 352 Onderdonk Ave. in Ridgewood was recently sold for $2,100,000. The sale, which took place on 06/01/2022, involved a total of 5 units with an average price per unit of $420,000. The property spans across 5,775 square feet, resulting in a price per square foot of $363.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,100,000
  • Address: 352 Onderdonk Ave.
  • Market: Ridgewood
  • Units: 5
  • Price per Unit: $420,000
  • Total Square Footage: 5,775
  • Price per Square Foot: $363

The seller of the property was Jon Dimitrijevski, while the brokerage firm representing the transaction was 5 BORO REALTY.

Players

Nina Sabag
22 deals$40.3M volume(855) 305-3325
BROKER

Raymond Kredi
5 Boro Realty
1 deal$2.1M volume
BROKER

Details

SOLD
IMAGE: Nina Sabag & Raymond Kredi DATE: 06/01/2022 ADDRESS: 352 Onderdonk Ave. MARKET: Ridgewood ASSET TYPE: Multifamily SELLER: Jon Dimitrijevski BROKER: 5 BORO REALTY (@5_BORO_REALTY) SALE PRICE: $2,100,000 UNITS: 5 ~ PPU: $420,000 SF: 5,775 ~ PPSF: $363

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$7,460.85
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