Ridgewood Real Estate

16-83 Woodbine Street, Ridgewood, NY 11385

[Ridgewood Real Estate, listing number 2396475]



Description: 2396475
   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

Details:
   Families: 9
   Bedrooms: 12
   Bathrooms: 9
   Property Type: Other
   Rooms: 54
   Lot Size: 24x100
   Acres: 0.06
   Built: 1931
   School District: Queens 24

Financials:
   Price: $3,000,000
   Taxes: $31,753

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