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482 Ridgewood Avenue Brooklyn, NY 11208
$1,350,000
  • Commercial
  • Year Built 1915
  • Multi Family
  • ML# 906253

Property Details

Overview

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

Key Facts

  • Lot Size: 0.0626
  • Lot Sq Ft: 2725
  • Taxes: $17,844
  • Sale or Rent: Sale
  • School District: Ps 159 Isaac Pitkin
  • Zoning: R-5
  • Block: 4132
  • Lot: 35

Additional Features

  • Construction Materials: Brick
  • Parking Spaces: Yes
  • Parking Spaces: 4
  • Parking Facilities: Attached
  • Wood Floors: Yes
  • Stories: 3

Interior & Utilities

  • Heat: Natural Gas
  • A/C: None
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $17,844
  • Maintenance: $150
Listing Information provided courtesy of Douglas Elliman Real Estate  516-669-3700
OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS