Price Reduced 27.83%
Price History
$1,800,000
5/24/2024
$1,599,000
6/28/2024
$1,450,000
8/6/2024
$1,299,000
8/30/2024
61-19 Woodbine Street, Queens, (Ridgewood), NY, 11385
1930
Rare opportunity to own an oversized legal 8 family brick building in the heart of Ridgewood. 9200 SF of interior square footage. 8 Huge 2 bedroom apartments with high ceilings. New boiler and hot water. There are 6 current leases and 2 available units offering great upside potential. Gross annual income for currently occupied 6 Units: $97,933 & Total annual Expenses: $61,000. Current Net Income: $36,933. Apt. Number 1L is vacant, market rate, with projected income $3000/ month. This ground floor unit has access to rear patio & garden. Apartment 2L, $700/month no lease. Projected net income with 8 units rented, $81,333. DHCR available upon request.
Status:
Active
Town:
Queens
Type:
Commercial
Units:
8
Zoning:
R6B
Heating:
Natural Gas
Levels:
4
Acreage:
0.08
Est. Taxes:
$28,000
Current Use
Residential
MLS #:
3554117
Community Info
School Info
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Listing courtesy of Prime Realty 718-229-2922