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Justin Homapour's CROWN Investments Sells 2-Family Townhouse In Ridgewood For $1.4M

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SOLD
$1,425,000

New York

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MultiFamily2,760 SF
Sold 09/16/20
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SOLD

Justin Homapour's CROWN Investments Sells 2-Family Townhouse In Ridgewood For $1.4M

60-13 Putnam Ave, Ridgewood, Queens County, NY, USA

See Similar Deals
MultiFamily2,760 SF
Sold 09/16/20
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$516
Total Square Footage:2,760 SF
Transaction Type:Sale

A 2-Family Landmarked Townhouse located at 60-13 Putnam Ave in Ridgewood, Queens was recently sold for $1,425,000. The property spans an area of 2,760 square feet and has a price per square foot of $516. It features a total building square footage of 2,358, resulting in a price per building square foot of $604. The sale took place on September 17, 2020, and the buyers were Kirstin and Joseph Beach.

Summary of transaction details:

  • Property Type: 2-Family Landmarked Townhouse
  • Transaction Amount: $1,425,000
  • Square Footage: 2,760
  • Price Per Square Foot: $516
  • Building Square Footage: 2,358
  • Price Per Building Square Foot: $604
  • Date: September 17, 2020
  • Address: 60-13 Putnam Ave, Ridgewood, Queens

The seller of the property was CROWN Investments, represented by Justin Homapour. On the other hand, the buyers were Kirstin and Joseph Beach. The deal was facilitated by Jeff Gardner of The Corcoran Group, who acted as the broker in the transaction.

Notably, Justin Homapour, the representative of CROWN Investments, is known for being one of the most active cash buyers of 1-8 family dwellings in the NY Metro area. He has acquired over 100 properties in need of renovation or redevelopment since 2011. For more information or to submit deals, you can reach out directly to Homapour via email at [email protected] or contact him at 516-770-4297.

Players

Jeff Gardner
1 deal$1.4M volume(917) 833-0563
BROKER

Justin Homapour
8 deals$16.2M volume
SELLER

Details

SOLD
IMAGE: Jeff Gardner (@JeffreyGardnerNYC) & Justin Homapour (@BklynDeveloper) DATE: 09/17/20 ADDRESS: 60-13 Putnam Ave MARKET: Ridgewood, Queens ASSET TYPE: 2-Family Landmarked Townhouse SELLER: CROWN Investments - Justin Homapour (@BklynDeveloper) BUYER: Kirstin & Joseph Beach BROKER: Jeff Gardner - The Corcoran Group SALE PRICE: $1,425,000 BSF: 2,358 ~ PPBSF: $604 SF: 2,760 ~ PPSF: $516 NOTE: Homapour is among the most active cash buyers of 1-8 family dwellings in the NY Metro area having purchased well over 100 properties in need of renovation or redevelopment since 2011. Reach out directly for more info, or to send deals: 👤Justin Homapour 📧 [email protected] 📱 516-770-4297

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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