Updated Dec 14, 2024
Daniel Conway Acquires Ridgewood, Queens Property From Capital One For $3M
7001 Forest Avenue, Ridgewood, NY 11385, USA
$3,000,000
$276/SF
Building Size
10,848 SF
Asset Type
MultiFamily
Closing
Jan 19, 2020
About this deal
AI
The property at 70-01 Forest Avenue in Ridgewood, Queens was recently sold for a total price of $3,000,000. The transaction took place on January 20, 2020. The property spans a total area of 10,848 square feet and has a price per square foot of $276.
Summary of transaction details
- Property Type: Sale
- Transaction Amount: $3,000,000
- Square Footage: 10,848
Daniel Conway purchased the property from @CapitalOne. Representing the buyer in this transaction was Daniel Barcelowsky from VRGRealty.
The multifamily sale at 7001 Forest Avenue, Ridgewood, NY 11385, USA in New York, New York sold for $3M in 2020. The building is 10,848 square feet, implying about 276 per square foot on the published price. Daniel Barcelowsky, Evergreen Realty & Investments appear on the sale alongside Evergreen Realty & Investments. This page is the New York, New York file for the 7001 Forest Avenue, Ridgewood, NY 11385, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same New York sit in the Market section below. Filter that New York multifamily set by closing date to see what else sold near 7001 Forest Avenue, Ridgewood, NY 11385, USA around 2020. Published consideration for 7001 Forest Avenue, Ridgewood, NY 11385, USA is $3M, dated 2020. Cite this Daniel Conway Acquires Ridgewood, Queens Property From Capital One For $3M sale when underwriting similar multifamily product around New York, New York.
Players
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Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93