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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 850334
Rental Info No
Year Built 1931
Annual Tax Amount $15,205
Property Sub-Type Multi Family
Source onekey2
Property Description
Discover a prime investment opportunity in the heart of Ridgewood, Queens. This six-unit, rent-stabilized property offers a stable income stream and is situated in one of New York City's most vibrant neighborhoods.
Units: 6 rent-stabilized apartments
Gross Rent Roll: $110,115 annually
Net Operating Income (NOI): $76,042
Building Size: 5,712 sq ft
Lot Size: 2,800 sq ft
Stories: 3
Year Built: 1931
Recent Upgrades: New boiler installed in 2024; two units feature renovated bathrooms
Ridgewood is renowned for its diverse culinary scene, historic charm, and strong community spirit. Residents enjoy easy access to public transportation, including the M and L subway lines, facilitating convenient commutes to Manhattan and Brooklyn.
Units: 6 rent-stabilized apartments
Gross Rent Roll: $110,115 annually
Net Operating Income (NOI): $76,042
Building Size: 5,712 sq ft
Lot Size: 2,800 sq ft
Stories: 3
Year Built: 1931
Recent Upgrades: New boiler installed in 2024; two units feature renovated bathrooms
Ridgewood is renowned for its diverse culinary scene, historic charm, and strong community spirit. Residents enjoy easy access to public transportation, including the M and L subway lines, facilitating convenient commutes to Manhattan and Brooklyn.
Location
State NY
County Queens
Rooms
Basement Finished
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Utilities Available Natural Gas Connected
Building
Story 3
Foundation Block, Brick/Mortar, Stone
Sewer Public Sewer
Water Public
Structure Type Block,Brick
Others
Special Listing Condition None
Listed by Charles Rutenberg Realty Inc