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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID KEYL3554117
Originating Board onekey2
Rental Info No
Year Built 1930
Annual Tax Amount $28,000
Lot Dimensions 36x100
Property Description
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., Additional information: Rental Income:N,vac_perc:12, Building Size:9200
Location
State NY
County Queens
Interior
Heating Natural Gas
Fireplace No
Exterior
Private Pool No
Building
Story 4
Others
Special Listing Condition None
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Listed by Prime Realty
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