Ronald Chua Acquires Multifamily Property In Ridgewood For $1.35M | 1652 Norman Street | Sean Mashihi, Tom Reynolds, Steve Reynolds, Brian Davila, Derek Bestreich | MultiFamily | Sale

Summary

Sale

NEW YORK

MultiFamily

3,778 sqft

The multifamily property located at 1652 Norman Street in Ridgewood has been sold. The transaction took place on August 23, 2021. The property is classified as 2A for tax purposes and spans a total square footage of 3,778.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $1,350,000
Market: Ridgewood
Address: 1652 Norman Street
Tax Class: 2A

The buyer of the property is Ronald Chua. The deal was facilitated by brokers Derek Bestreich, Steve Reynolds, Brian Davila, Tom Reynolds, and Sean Mashihi from Bestreich Realty Group. The transaction price for the property was $1,350,000, resulting in a price per square foot of $357. The property consists of 5 units, with an average price per unit of $270,000.

Players

All
7

Agents
5
Agencies
2

$62.2M Sold

$213.5M Sold

Partner, Managing Director

$278.5M Sold

$192.2M Sold

$708.6M Sold

Block Real Estate Group

Investment Property Realty Group (IPRG)

Details

Deal Summary

SOLD

IMAGE: Brian Davila, Derek Bestreich & Steve Reynolds DATE: 08/23/2021 ADDRESS: 1652 Norman Street MARKET: Ridgewood ASSET TYPE: Multifamily ~ TAX CLASS: 2A BUYER: Ronald Chua BROKERS: Derek Bestreich, Steve Reynolds, Brian Davila, Tom Reynolds & Sean Mashihi - Bestreich Realty Group (@BRG_CRE) SALE PRICE: $1,350,000 SF: 3,778 ~ PPSF: $357 UNITS: 5 ~ PPU: $270,000

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Address1652 Norman Street

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