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$ 1,295,000
Est. payment | /mo
2,800 Sqft Lot
$ 1,295,000
Est. payment | /mo
2,800 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 979762
Rental Info No
Year Built 1931
Annual Tax Amount $15,145
Lot Size 2,800 Sqft
Acres 0.0643
Property Sub-Type Multi Family
Source onekey2
Property Description
Discover a prime investment opportunity in the heart of Ridgewood, Queens. This six-unit, rent-stabilized property offers a stable income stream and is situated in one of New York City's most vibrant neighborhoods. Units: 6 rent-stabilized apartments with annual gross Rent Roll: $113,661 with a Net Operating Income (NOI): $70,191
Recent Upgrades: New boiler installed in 2024; two units feature renovated bathrooms, Ridgewood is renowned for its diverse culinary scene, historic charm, and strong community spirit. Residents enjoy easy access to public transportation, including the M and L subway lines, facilitating convenient commutes to Manhattan and Brooklyn.
Recent Upgrades: New boiler installed in 2024; two units feature renovated bathrooms, Ridgewood is renowned for its diverse culinary scene, historic charm, and strong community spirit. Residents enjoy easy access to public transportation, including the M and L subway lines, facilitating convenient commutes to Manhattan and Brooklyn.
Location
State NY
County Queens
Rooms
Basement Common
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features None
Utilities Available Natural Gas Available, Natural Gas Connected
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Block,Brick
Others
Special Listing Condition None
Listed by Charles Rutenberg Realty Inc • Donald Oula
Nearby Locations
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Jeffrey Jimenez
Licensed Real Estate Salesperson | License ID: 10401267947