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679 Grandview Avenue

Tavor Holdings Acquires Mixed-Use Asset In Ridgewood For $3.25M With Seller's Rep Cushman & Wakefield
SOLDMultiFamily

Tavor Holdings Acquires Mixed-Use Asset In Ridgewood For $3.25M With Seller's Rep Cushman & Wakefield

679 Grandview Avenue

$3,250,000

$560/SF

Building Size

5,800 SF

Asset Type

MultiFamily

Closing

Nov 2, 2025

AI

This mixed-use property, located at 679-681 Grandview Avenue in Ridgewood, includes 5 residential units and 1 commercial space. The sale price for this asset was $3,250,000, which results in a price per unit of $541,667 and a price per square foot of $560 based on the total square footage of 5,800 SF.

Summary of transaction details:

  • Property Type: Mixed-Use
  • Transaction Amount: $3,250,000
  • Address: 679-681 Grandview Avenue
  • Market: Ridgewood
  • Units: 6
  • Price Per Unit: $541,667
  • Square Footage: 5,800
  • Price Per Square Foot: $560
  • Buyer: Tavor Holdings - Drew Lefkowitz & Jeremy Spector
  • Seller's Representative: Dylan Walsh, Nick Kolbus, Austin Weiner & Kieran Baker - Cushman & Wakefield

The deal involved Tavor Holdings, represented by Drew Lefkowitz and Jeremy Spector. The transaction was facilitated by a team from Cushman & Wakefield, including Dylan Walsh, Nick Kolbus, Austin Weiner, and Kieran Baker, who represented the seller in this significant property transaction.

Players

Dylan Walsh

Cushman & Wakefield

Broker

$584.5M

vol

73 deals

Broker

Ridgewood MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.88%

Cash-on-Cash

-1.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93