61-19 Woodbine Street, Ridgewood, NY, 11385
$1,299,000
Mixed Use
Commercial
Details
ML#: 3554117
- # of Families: 8
- Business Type: Residential
- Sale or Rent:Sale
- Year Built: 1930
- Taxes: $28,000
- Status:Active
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.
More Property Details
Building Size: 9200
Lot Size: 0.08
Lot Sq Ft: 3600
Stories: 4
Heat: Natural Gas
Taxes: $28,000
Zoning: R6B
Block: 3613
Lot: 49
Listing Information provided courtesy of
Prime Realty
718-229-2922