Ridgewood NY, 11386
$1,150,000
Misc
Commercial
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
Lot Sq Ft: 2742
Heat: Natural Gas, Other
Sewer: Shared, Public Sewer
Taxes: $19,032
Block: 03465
Lot: 0014
Listing Information provided courtesy of
Crifasi Real Estate Inc
718-782-4411