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61-19 Woodbine Street

Ridgewood, NY 11385
  • $1,599,000
  • STATUS: Active
  • ON SITE: 61 Days
  • MLS #: 3554117
UPDATED: 178 min ago
$1,599,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

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, market rate, with projected income $3000/ month. This ground floor unit has access to rear patio & garden. Apartment 2L, $700/month no lease. Projected net income with 8 units rented, $81,333. DHCR available upon request.

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2024-07-25T00:19:21.58.
www.selectyournexthome.com/homes/150908295
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61-19 Woodbine Street Ridgewood, NY 11385

  • Price: $1,599,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 178 min ago
  • MLS #: 3554117
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1930
Built
Neighborhood:
Queens
County:
Queens
Area:
Queens
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, market rate, with projected income $3000/ month. This ground floor unit has access to rear patio & garden. Apartment 2L, $700/month no lease. Projected net income with 8 units rented, $81,333. DHCR available upon request.
Exterior Features

Cross Street Fresh Pond Rd. Overhead Door 0 Stories Total 4

Interior Features

Heating Natural Gas

Property Features

Building Size 9200 Current Use Residential MLSArea Minor 10 Potential Rental Income YN No Property Sub Type Mixed Use Tax Annual Amount 28000 Tax Annual Amount1 28000 Zoning Description R6B

Listing courtesy of Mitchell Slavuter of Prime Realty: 718-229-2922
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2024-07-25T00:19:21.58.
 
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