Remarks

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.

Details

MLS#: 3522111
Price: $1,150,000

Style: Mixed Use
Year Built: 1930

County: Queens
Tax Fee: 17628