$1,299,000
61-19 Woodbine ST Ridgewood, NY 11385
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,299,000
Est. payment /mo
3,484 Sqft Lot
UPDATED:
10/20/2024 05:59 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 3554117
Originating Board onekey
Rental Info No
Year Built 1930
Annual Tax Amount $28,000
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 36x100
Property Description
Rare opportunity to own an oversized legal 8 family brick building in the heart of Ridgewood. 9200 SF of interior square footage. 8 Huge 2 bedroom apartments with high ceilings. New boiler and hot water. There are 6 current leases and 2 available units offering great upside potential. Gross annual income for currently occupied 6 Units: $97,933 & Total annual Expenses: $61,000. Current Net Income: $36,933. Apt. Number 1L is vacant and has exclusive access to the rear yard, Apt 2L when it is vacated will be market rate at $2600-$3000. Projected net income with 8 units rented, $81,333. DHCRs available upon request.
Location
State NY
County Queens
Zoning R6B
Interior
Heating Natural Gas
Fireplace No
Building
Story 4
Others
Special Listing Condition None
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Listed by Prime Realty • 718-229-2922