MLS # | 841957 |
Construction Year | 1930 |
Taxes (per year) | $20,526 |
Fuel Type | Gas |
Basement | Full basement |
Bus | 0 min: Q58 |
1 min: B13 | |
2 min: B38, B52, B54, Q55 | |
3 min: B26 | |
8 min: B20, Q39 | |
Subway | 2 min: M |
4 min: L | |
LIRR | 1.8 miles: "East New York" |
2.6 miles: "Nostrand Avenue" | |
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STRONG CASH FLOW & DIVERSE INCOME STREAM- This Brick Building Offers ONE COMMERCIAL Store Front & FIVE FREE MARKET RESIDENTIAL APARTMENTS. Ridgewood Is Recognized For It's RAPID GROWTH And Various New Construction And Condo Conversions So Don't Miss This Armchair Investment Opportunity In A Market Where MIXED- USE PROPERTIES Rarely Become Available. With All Rents Currently Below Market Value There Is Substantial Value-Add Opportunity & Significant Upside Potential For Future Appreciation. By Improving Leasing And Raising The Rents To Current Market Rate There Is A Chance For A Cap Rate Over 10%. © 2025 OneKey™ MLS, LLC