STRONG CASH FLOW & DIVERSE INCOME STREAM- This Brick Building Offers ONE COMMERCIAL Store Front & FIVE FREE MARKET RESIDENTIAL APARTMENTS. Ridgewood Is Recognized For It's RAPID GROWTH And Various New Construction And Condo Conversions So Don't Miss This Armchair Investment Opportunity In A Market Where MIXED- USE PROPERTIES Rarely Become Available. With All Rents Currently Below Market Value There Is Substantial Value-Add Opportunity & Significant Upside Potential For Future Appreciation. By Improving Leasing And Raising The Rents To Current Market Rate There Is A Chance For A Cap Rate Over 10%.
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Listing Snapshot
Price
$2,350,000
Days On Site
70 Days
Bedrooms
N/A
Inside Area (SqFt)
4,800 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.0459 Acres
Year Built
1930
MLS® Number
841957
Status
Active
Property Tax
$20,525.56
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
2 months ago
Listing first seen on site
2 months ago
Listing updated with changes from the MLS®
General Features
Acres
0.0459
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
4800
Utilities
Natural Gas AvailableElectricity ConnectedNatural Gas Connected
Water Source
Public
Interior Features
Basement
Full
Cooling
Multi Units
Heating
Natural Gas
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Exterior Features
Construction Details
Brick
Community Features
School District
Queens24
Schools
School District
Queens24
Elementary School
Ps 239
Middle School
Is 77
High School
Grover Cleveland High School
Listing courtesy of Exit All Seasons Realty allseasonsr@yahoo.com
Based on information submitted to the MLS GRID as of 2025-06-07 07:16 PM EDT.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently reviewed
and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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