Discover an exciting investment opportunity in the vibrant and highly sought-after Ridgewood area. Nestled in the heart of Ridgewood, this building is ideally located just three blocks away from the M train, surrounded by gift shops, bookstores, fine dining, bars, cafes, and bakeries. All units are currently occupied. This property boasts a prime location and excellent potential for growth. Recently, the total annual income surged to an impressive $113,148, while expenses stand at $38,552, resulting in a substantial net income of $74,596. Don't miss out on the chance to be part of the thriving Ridgewood community, voted 4th coolest neighborhood in the World in 2022.
3522111
Mixed Use, Business Opportunities, Other
Queens
1930
0.06
Acres
Public Sewer
6 Total
Residential
Interior Features
- Heating
- Gas Heat. .
Exterior / Lot Features
- Zoning
- R6B
Financial Considerations
03465-0014
$17,628
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