$3,000,000

16-83 Woodbine Street, Ridgewood NY, 11385

Price per sqftN/A

Built in1931

Property typeCommercial

Courtesy of EXP Realty, Mustapha Kaddour Listing Contact: 888-276-0630

Overview

Pending

Listed Apr 30, 2024

Updated Sep 19

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., Additional information: Interior Features:Lr/Dr

Additional information

MLS^® ID: L3548046

Interior Features

Bedrooms: 12
Bathrooms: 9
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.06 Acres

Other Property Details

Taxes: $31,753
Tax Frequency: Annually

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