SOLD
Bestreich Realty Group Sells Ridgewood Package Deal Multifamily For $4.6M
1636 Norman Street & 1863 Linden Street
MultiFamily
6,450 SF
6,450 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
6,450 sqft
Bestreich Realty Group (BRG) represented both the buyer and the seller in a recent package deal in the Ridgewood market. The multifamily property, located at 1636 Norman Street and 1863 Linden Street, was sold for a total of $4,575,000. The deal included a total of 8 units, with the sale price averaging $571,875 per unit. The property spans a total of 6,450 square feet, resulting in a price per square foot of $709. The last recorded sale for 1636 Norman Street was $1,005,000 in June 2015, while 1863 Linden Street was last sold for $1,200,000 in November 2015.
Summary of transaction details:
- Property Type: Package Deal - Multifamily
- Transaction Amount: $4,575,000
- Market: Ridgewood
Derek Bestreich, Luke Sproviero, Steve Reynolds, Tom Reynolds, Sean Mashihi, and Brian Davila from Bestreich Realty Group (BRG) represented the seller. Ari Harkov acted as the buyer's representative in the transaction.
Players
All
10
Agents
7
Agencies
3
Details
SOLD
IMAGE: Derek Bestreich, Luke Sproviero, Steve Reynolds, & Ari Harkov
DATE: 08/31/2021
ADDRESS: 1636 Norman Street & 1863 Linden Street
MARKET: Ridgewood
ASSET TYPE: Package Deal - Multifamily
SELLER’S REP: Derek Bestreich, Luke Sproviero, Steve Reynolds, Tom Reynolds, Sean Mashihi & Brian Davila – Bestreich Realty Group (BRG) @BRG_CRE
BUYER’S REP: Ari Harkov (@HarkovLewisTeam)
SALE PRICE: $4,575,0000
SF: 6,450 ~ PPSF: $709
UNITS: 8 ~ PPU: $571,875
(1636 Norman Street) LAST SALE PRICE: $1,005,000 (6/2015)
(1863 Linden Street) LAST SALE PRICE: $1,200,000 (11/2015)View on map
Loading...
Address1636 Norman Street & 1863 Linden Street
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want