16-83 Woodbine Street, Ridgewood, NY 11385

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List Price
$3,000,000
Days on Market
872
MLS#
L3548046
Status
PENDING
Property Type
Multi Family
Style
Other
Year Built
1931
Property Tax
$31,753
School District
Queens24
High School
Grover Cleveland High School
Jr. High
Joseph F Quinn Intermediate School 77
Elementary School
Ps 81 Jean Paul Richter

Property Description

This meticulously renovated mixed-use building, completed in 2023, boasts NINE FREE MARKET UNITS, comprising FOUR RESIDENTIAL and FIVE COMMERCIAL UNITS. It stands as a lucrative income generator, with gross annual income increasing to $278,544/yr starting October 2024 (for detailed breakdown, refer to our Excel sheet or digital brochure). The residential units feature spacious 3 boxed bedroom layouts with one full bathroom each. Situated in zone R6B-C24, the property is NOT SUBJECT TO RENT CONTROL OR RENT STABILIZATION REGULATIONS. Nestled in the heart of Ridgewood, conveniently positioned between the L and M train lines, residents enjoy unparalleled access to amenities, public transportation, and thriving commercial hubs. Ridgewood's allure as an exceptional city underscores the promising investment potential of this property., Additional information: Interior Features:Lr/Dr

Additional Information

Bedrooms
12
Bathrooms
9
Full Baths
4
Half Baths
5
Acres
0.06
Parking
On Street
Basement
Walk-Out Access, Partial
Heating
Natural Gas, Hot Water
Cooling
Wall/Window Unit(s)
Water
Public
Sewer
Public Sewer
Amenities
Park

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Mustapha Kaddour (mkaddourexp@gmail.com) from Listing Office: EXP Realty.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.