Loie Hollowell Acquires Retail Building In Ridgewood, Queens For $3.15M

A retail building located at 580 Woodward Avenue in Ridgewood, Queens has been sold to Loie Hollowell for a price of $3,150,000. The property has a total area of 22,828 square feet, with a price per square foot of $137. The building has a building square footage (BSF) of 21,040, with a price per BSF of $149. The lot size of the property is 5,260 square feet. The zoning of the property is R6B and C1-4, allowing for both residential and commercial use.

Summary of transaction details:

• Property Type: Retail Building
• Transaction Amount: $3,150,000
• Address: 580 Woodward Avenue, Ridgewood, Queens
• Market: Ridgewood, Queens
• Buyer: Loie Hollowell
• Seller: Hermann O Kappel
• Square Footage: 22,828

The property has a floor area ratio (FAR) of 2.17, indicating that the total floor area can be 2.17 times the area of the lot. The tax class of the property is 4, which is typically assigned to commercial properties. The property has a permit for alteration 2, issued on January 14, 2019. The lot dimensions are 25.83 feet by 90.83 feet.

Note: No additional information about the property or the transaction is available.