Ari Harkov Of Brown Harris Stevens Represents Buyer In $2.47M Multifamily Sale In Ridgewood
2 86 Onderdonk Avenue
$2,470,000
$796/SF
Building Size
3,100 SF
Asset Type
MultiFamily
Closing
Jul 8, 2025
AI
The asset involved in this transaction is a multifamily property located at 2-86 Onderdonk Avenue in Ridgewood. The sale was completed for a total amount of $2,470,000, consisting of 4 units, which equates to a price per unit of $617,500. The property encompasses a total square footage of 3,100, resulting in a price per square foot of $796.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,470,000
- Units: 4
- Price Per Unit (PPU): $617,500
- Square Footage (SF): 3,100
- Price Per Square Foot (PPSF): $796
- Buyer's Representative: Ari Harkov - Brown Harris Stevens
- Seller's Representatives: Baruch Edelkopf & Bryan Altamirano - Schuckman Realty; Joseph Rosenfeld - Beacon Investment Sales & Advisory
Schuckman Realty Inc. facilitated the sale of this off-market transaction, with Baruch Edelkopf, Joseph Rosenfeld, and Bryan Altamirano representing the seller. The buyer was represented by Ari Harkov from Brown Harris Stevens, ensuring a smooth transaction process between both parties.
Players
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
6.42%
Cash-on-Cash
-1.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93