482 Ridgewood Avenue, Brooklyn, NY, 11208
$1,350,000
Multi Family
Commercial
Details
ML#: 906253
- # of Families: 6
- Sale or Rent:Sale
- Year Built: 1915
- Taxes: $17,844
- Status:Active
Description
Introducing a solid, all-brick six-family investment property located in the vibrant East New York neighborhood of Brooklyn. This income-producing corner property offers an excellent opportunity for investors seeking strong returns and long-term value.The building consists of six (1-bedroom) apartments, each well-proportioned and maintaining consistent rental demand. Additional highlights include a finished basement for versatile use and a private 4-car garage, providing rare convenience and enhancing the property’s overall value. Ideally situated on the corner of Ridgewood Avenue, the property enjoys close proximity to major transportation options, including the J & Z subway lines as well as B13 and B26 bus routes, ensuring easy commutes throughout Brooklyn and beyond. The neighborhood is bustling with amenities such as shopping centers, restaurants, and grocery stores, while recreational and educational needs are met by Highland Park and Community School District 19.This property presents a remarkable turnkey investment in a strong rental market with immediate income potential and continued growth opportunities
More Property Details
Lot Size: 0.0626
Lot Sq Ft: 2725
Parking Spaces: Yes
Parking Spaces: 4
Parking Facilities: Attached
Stories: 3
Heat: Natural Gas
A/C: None
Water: Public
Sewer: Public Sewer
Taxes: $17,844
Maintenance: $150
School District: Ps 159 Isaac Pitkin
Zoning: R-5
Block: 4132
Lot: 35
Listing Information provided courtesy of
Douglas Elliman Real Estate
516-669-3700