61-19 Woodbine Street Ridgewood, NY 11385
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.
- Property TypeCommercial
- NeighborhoodN/A
- CountyQueens
- Taxes$28,000
- HOA/Condo/Coop Fees$0
- Days on Site23 Days
- MLS StatusActive
- MLS ID Number3554117
- Home Size Source N/A
- Year Built1930
- Lot Size0.08 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Number of Stories 4
- Acreage 0.08
- Zoning R6B
- Cross Street Fresh Pond Rd.
- Property Sub Type Mixed Use
Community Features
- Township Queens