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16-83 Woodbine Street
Ridgewood, NY 11385
Residential Multi Family (N/A)
0.06 Acres
0 Sqft Living Area
12 Bedrooms
9 Bathrooms (4 Full, 5 Half)
Year Built: 1931
$3,000,000
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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.
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Contact Details
Name: Mustapha Kaddour
Email: mkaddourexp@gmail.com
MLS Listing Id: 3548046
Agent Phone: (201) 875-7953
List Agent License:
Office Name: EXP Realty
Office Phone: (888) 276-0630
Office MLS Id: EXP05
Listing Status: Active
Copyright © 2024 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.