862 Woodward AVE new

Ridgewood,NY 11385

$ 1399000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 930045

Rental Info No

Year Built 1930

Annual Tax Amount $19,650

Lot Size 2,739 Sqft

Acres 0.0629

Property Sub-Type Multi Family

Source onekey2

Property Description

Extra-wide solid brick 6 family in prime Ridgewood, 1st time on market in decades, turn key property. Well-maintained, railroad style, high-ceiling basement, 7 gas meters and 7 electric meters. Three 3-bedroom apartments and three 2-bedroom apartments. New roof replaced in 2022, new skylight, basement front entrance door, and new boiler in 2023. Close to 5,800 square feet of interior space, building size is 27.5x70, lot size is 27.5x100. Property tax is $19,650. Close to $130,000 gross income and $90,000 NOI, generating 6.4% cap rate at asking price. Excellent location, close to all. Priced to sell. DHCR available upon request.

Location

State NY

County Queens

Rooms

Basement Finished,Full

Interior

Heating Baseboard

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features None

Utilities Available See Remarks

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Contact Agent

Middle Schools Call Listing Agent

High Schools Contact Agent

School District Contact Agent

Others

Special Listing Condition None

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