Maspeth real estate for sale in Maspeth

73-20 Forest Avenue, Ridgewood, NY 11385

[Ridgewood Real Estate, listing number 3243153]



Description: 3243153
   * AMAZING ASSUMABLE FINANCING AVAILABLE*ORIGINAL 15 YEAR MORTGAGE WITH APPROXIMATELY $750,000 BALANCE AND 13 YEARS REMAINING AT A 4% FIXED RATE. MONTHLY PAYMENT IS $6,236 WITH $3,700 PRINCIPLE REDUCTION EACH MONTH. WONDERFUL OPPORTUNITY TO TAKE OVER A FULLY PERFORMING MIXED USE CORNER PROPERTY WITH UPSIDE POTENTIAL. PERFECTLY POSITIONED IN HIGHLY DESIRABLE RIDGEWOOD QUEENS. THE PROPERTY IS FULLY OCCUPIED BY LONG STANDING TENANTS ALL OF WHICH HAVE BEEN CONSISTENTLY CURRENT ON THEIR RENTAL PAYMENTS. FIRST FLOOR CONSISTS OF A COMMERCIAL CONVENIENCE STORE AND A SPACIOUS TWO BEDROOM APARTMENT. BOTH SECOND AND THIRD FLOOR ARE HUGE 6 ROOM,3 BR,2 FULL BATH APARTMENTS WITH THE 2ND FLOOR ENJOYING A LOVELY COVERED DECK OFF THE REAR BEDROOM. MANY UPDATES HAVE BEEN PERFORMED INCLUDING 3 NEW KITCHENS AND 2 NEW BATHS. FULL BASEMENT WITH 3 ENTRANCES. LONG STANDING SUPER LIVES IN THE BUILDING. 1 CAR DETACHED GARAGE AND A PRIVATE DRIVEWAY WHICH ALLOWS FOR 2 ADDITIONAL STREET PARKING SPOTS. CONVENIENT LOCATION NEAR MYRTLE AVE WITH ALL ITS SHOPPING, DINING AND TRANSPORTATION OPTIONS. THREE BLOCKS TO THE M TRAIN HALSEY STATION. PERFECT FOR A 1031 EXCHANGE

Details:
   Families: 3
   Bedrooms: 8
   Bathrooms: 6
   Property Type: Store+Dwell
   Square Feet: 3609
   Rooms: 16
   Lot Size: 20x98.58
   Acres: 0.05
   Built: 1911

Financials:
   Price: $1,750,000
   Taxes: $14,532