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    17-23 Woodbine Street

    Ridgewood, NY 11385
    • $5,600,000
    • STATUS: Active
    • ON SITE: 67 Days
    • MLS #: 3339495
    UPDATED: 47 min ago
    $5,600,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1930
    County:
    Area:

    School Ratings & Info

    Description

    Take advantage of this great investment opportunity and win with inflation. This twenty-four units building has twenty one-bedroom apartments and four two-bedroom ones. Well-maintained condition of this real estate combined with excellent location (one block away from the M-train (Seneca) and 3 blocks away from the L-train (Myrtle-Wyckoff) guarantees that you will always have a meager vacancy rate. It produces a gross income of $377,808 annually and a net income of $291,116. Offered to you at a 5.20% capitalization rate!

    Monthly Payment Calculator



    © 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Frank Schiavone with Douglas Elliman. Data last updated: 2021-10-25T12:17:13.63.
    www.frankschiavone.com/homes/120609184
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    17-23 Woodbine Street Ridgewood, NY 11385

    • Price: $5,600,000
    • Status: Active
    • Updated: 47 min ago
    • MLS #: 3339495
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1930
    Built
    Neighborhood:
    Queens
    County:
    Queens
    Area:
    Queens
    Property Description
    Take advantage of this great investment opportunity and win with inflation. This twenty-four units building has twenty one-bedroom apartments and four two-bedroom ones. Well-maintained condition of this real estate combined with excellent location (one block away from the M-train (Seneca) and 3 blocks away from the L-train (Myrtle-Wyckoff) guarantees that you will always have a meager vacancy rate. It produces a gross income of $377,808 annually and a net income of $291,116. Offered to you at a 5.20% capitalization rate!
    Exterior Features

    Building Size 59 X 87 Lot Size Dimensions 59.25X100

    Interior Features

    Ceiling Height N

    Property Features

    Business Type Apt House Gross Income 377808.00 Net Operating Income 291117.00 Operating Expense 86692.00 Property Sub Type Apartment Property Type Commercial Sale Tax Annual Amount 0.00 Tax Block 3456 Zoning Description R6bC1-4

    Listing courtesy of Peter Nowik of Trademarko Realty Inc.
    © 2021 OneKey MLS. All rights reserved.


    © 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Frank Schiavone with Douglas Elliman. Data last updated: 2021-10-25T12:17:13.63.
     
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