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Marketing Text Edit 8 units Available in Ridgewood Only 2 blocks from the M train

$2,700,000

61-30 Woodbine Street, Ridgewood, NY 11385

Active
Last Updated: 08/17/2023

5

Cap Rate

153,361

NOI

Details:
Cap Rate:    5%
NOI:    $153,361
Building Size:    9,200 sqft
Lot Area:    3,600 sqft
Occupancy:    100%
Units:    8
Average Room Size:    1,100 sqft
Year Built:    1930
Zoning:    R6
Floors:    4
Year Last Renovated:    2015
Construction Status:    BRICK
Roof:    FLAT ROOF
Floor:    4
Restrooms:    8
Highlights:
  • Prime Commuter Location Only 1 block from the M Train On fresh pond rd
  • Lots of upside potential
  • 90% Of the Building Has been Renovated
Description:

Great Opportunity to add this 8 family to your portfolio. If your looking to combine it to a 16 unit the property behind is also up for grabs .So you will have back to back Building on 2 lots being sold as well. Can be sold as a package deal. This property features 9200 sq ft of living space ,90 percent fully renovated . On a 36x100 lot, R6B zoning built in 1930 with low taxes. Very clean building and well maintained with lots of upside potential. The property features 2/3 Bedroom apartment and 6/4 Bedroom apartment. Full finish basement. with . All tenants are responsible for their own electric and cooking gas. Located in the Heart of Ridgewood only 2 Blocks from the M train. Call to schedule an exclusive viewing .

Unit #1 – Residential, Gross Area: 1152, Rent Price: 2650, Bedrooms: 4, Full Baths: 1, Occupied
Unit #2 – Residential, Gross Area: 1152, Rent Price: 2400, Bedrooms: 4, Full Baths: 1, Occupied
Unit #3 – Residential, Gross Area: 1152, Rent Price: 1415, Bedrooms: 4, Full Baths: 1, Occupied
Unit #4 – Residential, Gross Area: 1152, Rent Price: 962, Bedrooms: 4, Full Baths: 1, Occupied
Unit #5 – Residential, Gross Area: 1152, Rent Price: 2080, Bedrooms: 4, Full Baths: 1
Unit #6 – Residential, Gross Area: 1152, Rent Price: 2500, Bedrooms: 3, Full Baths: 1, Occupied
Unit #7 – Residential, Gross Area: 1152, Rent Price: 2900, Bedrooms: 3, Full Baths: 1, Occupied
Unit #8 – Residential, Gross Area: 1152, Rent Price: 839, Bedrooms: 4, Full Baths: 1

Map:
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