$1,399,000

862 Woodward Avenue, Ridgewood, NY 11385

5,775 sqft

Multi-Family Home
Built in 1930
2,740sqft lot
—— car garage
$242/sqft
Listed 5 days ago

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.

Listing Status:: Active
Listing Office:: RE/MAX Edge : 718-288-3835
MLS ID:: 930045

Basement: FinishedFull
A/C: Wall/Window Unit(s)
Heating: Baseboard

Parking: None

Originating MLS: onekey2
School District: Contact Agent
County: Queens

Zoning: 03473-0035

Utilities: See Remarks
Water: Public
Sewer: Public Sewer

Source: onekey2

This listing courtesy of RE/MAX Edge

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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