16-83 Woodbine Street , Ridgewood, NY 11385
Ridgewood, NY 11385
Description
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.
Details
| MLS# | 3548046 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1931 |
| Days On Site | 131 |
| Listing Provided By | EXP Realty | Mustapha Kaddour |
Features
| Bed(s) | 12 |
|---|---|
| Bath(s) | 9 Total |
| Basement | Y |
| Units | 9 |
| Acreage | 0.06 |
Market Activity 11385
Request a showing
Request a showing
Contact
Learn More About This Property
| State | NY |
|---|---|
| County | Queens |
| City | Ridgewood |
| Zip Code | 11385 |
| Subarea | 10 |
| School District | Grover Cleveland High School |
| Elementary School | Ps 81 Jean Paul Richter |
| Middle School | Is 77 |
| High School | Grover Cleveland High School |
| Listing VS Median (in 11385) | |
Price: $3,000,000 low | high Med: $1,094,500 On Site: 131 low | high Med: 51.5 | |