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16-83 Woodbine Street

Ridgewood, NY 11385
  • $3,400,000
  • STATUS: Active
  • ON SITE: 78 Days
  • MLS #: 3548046
UPDATED: 74 min ago
$3,400,000
  • 12
    BEDS
  • 0.06
    ACRES
  • 4
    BATHS
  • 5
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1931
County:
Area:

School Information

Elementary School:
Middle School:
School District:

Description

This meticulously renovated mixed-use building, completed in 2023, boasts NINE FREE MARKET UNITS, comprising FOUR RESIDENTIAL and FIVE COMMERCIAL UNITS. It stands as a lucrative income generator, with gross annual income increasing to $278,544/yr starting October 2024 (for detailed breakdown, refer to our Excel sheet or digital brochure). The residential units feature spacious 3 boxed bedroom layouts with one full bathroom each. Situated in zone R6B-C24, the property is NOT SUBJECT TO RENT CONTROL OR RENT STABILIZATION REGULATIONS. Nestled in the heart of Ridgewood, conveniently positioned between the L and M train lines, residents enjoy unparalleled access to amenities, public transportation, and thriving commercial hubs. Ridgewood's allure as an exceptional city underscores the promising investment potential of this property.

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ellis Sotheby's International Real Estate. Data last updated: 2024-07-18T17:20:24.8.
www.hudsonvalleyrealestate.info/homes/150032611
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16-83 Woodbine Street Ridgewood, NY 11385

  • Price: $3,400,000
  • Status: Active
  • On Site: 78 Days
  • Updated: 74 min ago
  • MLS #: 3548046
12
Beds
4
Baths
5
½ Baths
0.06
Acres
1931
Built
Neighborhood:
Queens
County:
Queens
Area:
Queens
Elementary School:
Ps 81 Jean Paul Richter
Middle School:
Is 77
High School:
Grover Cleveland High School
School District:
Queens 24
Property Description
This meticulously renovated mixed-use building, completed in 2023, boasts NINE FREE MARKET UNITS, comprising FOUR RESIDENTIAL and FIVE COMMERCIAL UNITS. It stands as a lucrative income generator, with gross annual income increasing to $278,544/yr starting October 2024 (for detailed breakdown, refer to our Excel sheet or digital brochure). The residential units feature spacious 3 boxed bedroom layouts with one full bathroom each. Situated in zone R6B-C24, the property is NOT SUBJECT TO RENT CONTROL OR RENT STABILIZATION REGULATIONS. Nestled in the heart of Ridgewood, conveniently positioned between the L and M train lines, residents enjoy unparalleled access to amenities, public transportation, and thriving commercial hubs. Ridgewood's allure as an exceptional city underscores the promising investment potential of this property.
Exterior Features

Architectural Style Other Attached Garage YN No Construction Materials Brick Cross Street Crypress/Woodbin Lot Features Corner LotNear Public Transit Parking Features On Street Property Attached YN Yes

Interior Features

Appliances FreezerOvenRefrigerator Basement Details PartialWalk-Out Access Common Walls 1 Common Wall Cooling Window Unit(s) Cooling YN Yes Fireplaces Total 0 Heating Natural GasHot Water Hot Water Gas Stand Alone Interior Features Eat-in KitchenEntrance FoyerLiving Room/Dining Room Combo Number Of Kitchens 4 Number Of3 Bedrooms 4 Rooms Total 54

Property Features

Community Features ParkNear Public Transportation Inclusions Ceiling FanFreezerLight FixturesMailboxRefrigerator Lease Considered YN No MLSArea Minor 10 New Construction YN No Number Of Separate Electric Meters 10 Number Of Separate Gas Meters 5 Owner Pays Insurance Property Sub Type Multi Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 31753 Tax Annual Amount1 31753 Water Source Public

Listing courtesy of Mustapha Kaddour of EXP Realty: 888-276-0630
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ellis Sotheby's International Real Estate. Data last updated: 2024-07-18T17:20:24.8.
 
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