Nest Seekers

This all brick, six family building in the highly sought after Ridgewood neighborhood presents an exceptional investment opportunity.

New York, NY 11385

Listing

Web ID:4940261
Website:https://www.nestseekers.com/4940261

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$900,000
Annual Taxes:$20,545

Description

This all-brick, six-family building in the highly sought-after Ridgewood neighborhood presents an exceptional investment opportunity. The property features six spacious two-bedroom apartments along with a full basement, offering additional storage and functionality. Measuring 25 x 75 feet on a 25 x 101-foot lot, the building provides a strong physical footprint and efficient layout. Recent capital improvements include a new roof (2017), a brand-new boiler, new water heaters, storage rooms in the basement, a large skylight in the hallway that brings in abundant natural light, high ceilings, and a beautifully maintained garden yard. These features enhance both tenant appeal and long-term durability, making the property a low-maintenance, income generating asset. Ridgewood charm is further highlighted by its vibrant neighborhood atmosphere. The property is surrounded by a diverse mix of cafés, restaurants, shopping centers, grocery stores, and entertainment venues. Excellent transportation access includes the M line located a short distance away at the Middle Village–Metropolitan Ave station and the M/L MyrtleWyckoff station also within a short distance, providing quick connections to Manhattan, Brooklyn, and Queens. Multiple bus routes, including the Q39, Q58, Q98, and B38 limited, also serve the area, further enhancing connectivity for tenants. Parks, schools, and community amenities are nearby, contributing to Ridgewood’s strong residential demand.

Amenities

  • Natural Gas Available
  • Sewer Available
  • View of building exterior
  • View of building exterior
  • View of asphalt street featuring sidewalks, curbs, and street lighting
  • View of asphalt street featuring sidewalks, curbs, and street lighting
  • Utilities with electric panel
  • Utilities with electric panel
  • Utility room featuring a heating unit and gas water heater
  • Utility room featuring a heating unit and gas water heater
  • View of storage area
  • View of storage area
  • Utility room featuring gas meter and tankless water heater
  • Utility room featuring gas meter and tankless water heater
  • View of stairway
  • View of stairway
  • Hall featuring wainscoting
  • Hall featuring wainscoting
  • View of property
  • View of property

Contact

Long Island City, NY
47-44 Vernon Blvd, Long Island City, NY 11101
Phone: +1 718-707-0200
Fax: +1 718-707-0233
lic@nestseekers.com
Listing Courtesy of MYNY Residential
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