Oren Eli Purchases Ridgewood Multifamily Property At 59-37 69th Avenue For $1.55M

The property involved in this transaction is a multifamily asset located at 59-37 69th Avenue in Ridgewood. The sale price was $1,550,000, comprising 2 units. The total square footage of the property is 3,912, resulting in a price per unit of $775,000 and a price per square foot of $396.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,550,000
• Address: 59-37 69th Avenue
• Market: Ridgewood
• Units: 2
• Square Footage: 3,912
• Price Per Unit: $775,000
• Price Per Square Foot: $396

The deal involved buyer Oren Eli and seller Mojse Nika, with representation from Daniel Barcelowsky of Evergreen Realty & Investments for the buyer and Claudette Rolling of Revived Residential representing the seller.