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718-345-4545

1702 Palmetto Street, Ridgewood, NY 11385


Description: 7132866
   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%.

Details:
   Families: 6
   Property Type: House
   Acres: 0.05
   Built: 1930

Financials:
   Price: $2,350,000
   Taxes: $20,526

EXIT All Seasons Realty
Jaroslaw Kaszuba
Office: 718-345-4545

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