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Ridgewood NY, 11386 $1,150,000

Misc Commercial  

Property Picture
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Details ML#: 3522111  

  • # of Families: 6
  • Sale or Rent:Sale
  • Year Built: 1930
  • Taxes: $19,032
  • Status:Active

Description

Discover an exciting investment opportunity in the vibrant and highly sought-after Ridgewood area. Nestled in the heart of Ridgewood, this building is ideally located just three blocks away from the M train, surrounded by gift shops, bookstores, fine dining, bars, cafes, and bakeries. All units are currently occupied. This property boasts a prime location and excellent potential for growth. Recently, the total annual income surged to an impressive $113, 148, while expenses stand at $38, 552, resulting in a substantial net income of $74, 596. Don’t miss out on the chance to be part of the thriving Ridgewood community, voted 4th coolest neighborhood in the World in 2022.

More Property Details

Property Features

Lot Sq Ft: 2742  

Appliances & Utilities

Heat: Natural Gas, Other   Sewer: Shared, Public Sewer  

Financial

Taxes: $19,032  

Local Area Information

Block: 03465   Lot: 0014  

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