Aryeh Mendlowic Acquires Multi-Family Property On Greene Avenue In Ridgewood, Queens For $1.43M

The multi-family property located at 724 Greene Avenue in Ridgewood, Queens, New York has been sold in a closed transaction. The property spans 4,875 square feet and was sold for a price of $1,430,000, resulting in a price per square foot of $293. The transaction also had a capitalization rate of 4.28%.

Summary of transaction details

• Property Type: Multi-Family
• Transaction Amount: $1,430,000
• Square Footage: 4,875 sf
• Price Per Square Foot: $293
• Capitalization Rate: 4.28%

Mary Ilyayev acted as the seller in this transaction, while Aryeh Mendlowic was the buyer. The deal was facilitated by Matt Fotis and Tyler Schadt of Marcus & Millichap, who represented the respective parties in the transaction.