Ridgewood, Queens, a.k.a. ‘Quooklyn,’ Sees Surge in Property Sales
The inevitable has happened: Ridgewood, Queens, that neighborhood that everyone has been watching tirelessly for signs that it is, indeed, the next hot neighborhood, has seen a flurry of commercial real estate sales. In fact, this July, Ridgewood’s 11385 zipcode was the most active one for commercial property sales in the city, according to an Actovia analysis of Department of Finance records. The crown has, in recent memory, belonged mostly to Brooklyn zip codes and the county of Kings still outpaces Queens in terms of overall sales; in June, Brooklyn had 249 commercial property sales, nearly twice the 131 recorded in Queens (Manhattan had only 125).
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