16-92 Grove Street, Ridgewood, NY 11385 | MLS 3536722 | Listing Information | Berkshire Hathaway HomeServices Laffey International Realty | Berkshire Hathaway HomeServices Laffey International Realty
FOR SALE
$1,998,000  

16-92 Grove Street
Ridgewood, NY 11385

Mixed Use, Business Opportunities
Commercial
0.05
Acres Lot
Listing by: Skylux Realty Inc, 718-500-2231
Welcome to a prime investment opportunity in Ridgewood! This property features two residential units and a commercial storefront housing a laundromat, generating a total monthly income of $9,500. Each residential unit offers three bedrooms and one bathroom, with the added convenience of two car garages. Spacious building size 20X62 with low property taxes of just $6,414 per year and tenants responsible for all utilities, the return on investment stands at an impressive 5.6%. Situated in a highly accessible location with easy transportation access, this property presents a rare chance for investors to secure steady returns in a thriving area. Don't miss out on this great opportunity!
3536722
Mixed Use, Business Opportunities, Other
Queens
1915
0.05 Acres
Exterior / Lot Features
Lot Dimensions
20x100
Zoning
R6B
Financial Considerations
03443-0032
$6,414
Listing by: Skylux Realty Inc, 718-500-2231
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