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59-25 Grove St- Ridgewood New Construction

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59-25 Grove St- Ridgewood New Construction
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$4,500,000 Sales price
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$292/SF Price per Ft
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6.20% Cap Rate
  • Three story, 15-unit multifamily in the heart of Ridgewood
  • 421A Tax Abatement expiring 6/30/2026; after which the apartments become FM
  • Built in 2011; First sale by original developer
  • The property is located near a busy retail corridor in Ridgewood with shopping, dining and entertainment options
  • Within walking distance to the Fresh Pond Rd Station
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Lev Mavashev Managing Principal
212.658.0979 lev(at)alpharealtyny(dotted)com
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Ben Normatov Director
212.658.0324 ben(at)alpharealtyny(dotted)com
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