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$ 1,950,000
Est. payment | /mo
$ 1,950,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11592209
Property Description
This semi-detached six-family building in Ridgewood features 1,400 SF of unused air rights, a high rent roll, and excellent air and light.The building consists of three free-market units and three rent-stabilized units.All units have one bedroom, one bathroom, and beautiful hardwood flooring and some are fully renovated with dishwashers and washers/dryers.At three stories high, the building is 3,600 SF and measures 20' x 60'.It sits on a 2,500 SF lot measuring 25'x100'.The building has a gross annual income of approximately $168,240 and has a 6.74% actual cap rate.The building is conveniently located just a short walk from the M train at Seneca Avenue and the L train at Dekalb Avenue.This is an excellent opportunity to invest in a 50% free-market building with a high rent roll and air rights in prime Ridgewood.
Location
State NY
County 36081
Rooms
Dining Room 0
Kitchen 0
Nearby Locations
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