Daniel Spivak Acquires Multifamily Property From Dodd Family For $1.2M In Ridgewood Queens

The asset involved in this transaction is a MultiFamily property located at 4-79 Woodward Avenue, Ridgewood, Queens. The sale was completed for $1,200,000, consisting of 4 units within a total square footage of 2,900. The price per unit is $300,000 and the price per square foot is $413.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $1,200,000
• Units: 4
• Price per Unit: $300,000
• Square Footage: 2,900
• Price per Square Foot: $413
• Buyer: Daniel Spivak
• Seller: Dodd family
• Brokers: Steve Reynolds & Tom Reynolds - Investment Property Realty Group

Daniel Spivak acted as the buyer in this transaction, while the Dodd family was the seller. The deal was facilitated by brokers Steve Reynolds and Tom Reynolds from Investment Property Realty Group, who represented the transaction effectively.