$5,050,000
$5,600,000
9.8%For more information regarding the value of a property, please contact us for a free consultation.
17-23 Woodbine ST Ridgewood, NY 11385
28 Beds
24 Baths
19,200 SqFt
Key Details
Sold Price $5,050,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 19,200 sqft
Price per Sqft $263
MLS Listing ID L3339500
Sold Date 03/01/22
Bedrooms 28
Full Baths 24
HOA Y/N No
Rental Info No
Year Built 1930
Annual Tax Amount $26,275
Lot Dimensions 59.25x100
Property Sub-Type Multi Family
Source onekey2
Property Description
Take advantage of this great investment opportunity and win with inflation. This twenty-four units building has twenty one-bedroom apartments and four two-bedroom ones. Well-maintained condition of this real estate combined with excellent location (one block away from the M-train (Seneca) and 3 blocks away from the L-train (Myrtle-Wyckoff) guarantees that you will always have a meager vacancy rate. It produces a gross income of $377,808 annually and a net income of $291,116. Offered to you at a 5.20% capitalization rate!, Building Size:59 x 87
Location
State NY
County Queens
Rooms
Basement Finished
Interior
Heating Natural Gas, Steam
Cooling None
Fireplace No
Appliance Refrigerator, Tankless Water Heater
Exterior
Parking Features None
Amenities Available Park
Private Pool No
Building
Lot Description Near Public Transit, Near School, Near Shops
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Ps 239
Middle Schools Is 77
High Schools Queens24
School District Queens24
Others
Senior Community No
Special Listing Condition None
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Bought with Non-Member
