Ridgewood, NY 11385,16-83 Woodbine ST
Ridgewood, NY 11385,16-83 Woodbine ST
Ridgewood, NY 11385,16-83 Woodbine ST
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$3,000,000
Est. payment /mo
12 Beds
9 Baths
2,613 Sqft Lot
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UPDATED:

08/28/2024 05:50 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 3548046

Style Other

Bedrooms 12

Full Baths 4

Half Baths 5

Originating Board onekey

Rental Info No

Year Built 1931

Annual Tax Amount $31,753

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 24x100

Property Description

This meticulously renovated mixed-use building, completed in 2023, boasts NINE FREE MARKET UNITS, comprising FOUR RESIDENTIAL and FIVE COMMERCIAL UNITS. It stands as a lucrative income generator, with gross annual income increasing to $278,544/yr starting October 2024 (for detailed breakdown, refer to our Excel sheet or digital brochure). The residential units feature spacious 3 boxed bedroom layouts with one full bathroom each. Situated in zone R6B-C24, the property is NOT SUBJECT TO RENT CONTROL OR RENT STABILIZATION REGULATIONS. Nestled in the heart of Ridgewood, conveniently positioned between the L and M train lines, residents enjoy unparalleled access to amenities, public transportation, and thriving commercial hubs. Ridgewood's allure as an exceptional city underscores the promising investment potential of this property.

Location

State NY

County Queens

Rooms

Basement Partial, Walk-Out Access

Kitchen 4

Interior

Interior Features Eat-in Kitchen, Entrance Foyer, Living Room/Dining Room Combo

Heating Natural Gas, Hot Water

Cooling Window Unit(s)

Fireplace No

Appliance Freezer, Oven, Refrigerator

Exterior

Garage On Street

Parking Type On Street

Garage false

Building

Lot Description Corner Lot, Near Public Transit

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Ps 81 Jean Paul Richter

Middle Schools Is 77

High Schools Grover Cleveland High School

School District Queens 24

Others

Senior Community No

Special Listing Condition None


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Listed by EXP Realty • 888-276-0630
Bairo Real Estate

+1(888) 782-2476 | support@bairorealestate.com

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16-83 Woodbine ST