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$1,299,000

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Pending

61-19 Woodbine ST Ridgewood, NY 11385

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Jose Agudo

jose.cityhomes@gmail.com +1(917) 674-8131

UPDATED:

12/04/2024 10:12 PM

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID KEYL3554117

Originating Board onekey2

Rental Info No

Year Built 1930

Annual Tax Amount $28,000

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, 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., Additional information: Rental Income:N,vac_perc:12, Building Size:9200

Location

State NY

County Queens

Interior

Heating Natural Gas

Fireplace No

Exterior

Private Pool No

Building

Story 4

Others

Special Listing Condition None

Listed by Prime Realty

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Jose Agudo

Agent

+1(917) 674-8131

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61-19 Woodbine ST Ridgewood, NY 11385

Jose Agudo

Key Details

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Exterior

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61-19 Woodbine ST