A&H Acquisitions Corp. Acquires Retail Building On Myrtle Avenue, Ridgewood, Queens For $4.9M

A retail property located at 57-23 Myrtle Avenue in Ridgewood, Queens has been sold for a price of $4,900,000. The property, with a total square footage of 18,658, was bought by Alex Adjmi of A&H Acquisitions Corp. The seller, Cedot Realty Corp., was represented by Irwin Levy. The transaction was facilitated by brokers Scott Plasky and Billy Stephan of an undisclosed agency. The building was delivered vacant at closing.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,900,000
• Address: 57-23 Myrtle Avenue, Ridgewood, Queens
• Buyer: Alex Adjmi - A&H Acquisitions Corp.
• Seller: Irwin Levy - Cedot Realty Corp.
• Brokers: Scott Plasky & Billy Stephan
• Total Square Footage: 18,658

The sale of this retail property signifies a significant transaction in the Ridgewood, Queens market. The involvement of key individuals and companies such as Alex Adjmi, Irwin Levy, and the brokers Scott Plasky and Billy Stephan highlights the importance and expertise of these professionals in the real estate industry.