Priced to Sell 6 Family Building in the Heart of Ridgewood Excellent opportunity to acquire a well maintained 6 family multifamily building in one of Ridgewood s most historic and ...
| Website: | https://www.nestseekers.com/5217143 |
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| Address: | New York, NY 11385 |
| Ownership: | For Sale |
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| Type: | Multi-Family |
| Bedrooms: | Studio |
| Lot Size: | 0.1 Acres |
Financials
Description
Priced to Sell – 6-Family Building in the Heart of Ridgewood
Excellent opportunity to acquire a well-maintained 6-family multifamily building in one of Ridgewood’s most historic and desirable sections. The landlord has reserved one vacant unit, allowing for immediate owner occupancy or ease of showing. An owner-occupant can live rent-free while offsetting the mortgage with five income-producing units, or an investor may fully lease the property to maximize returns.
This classic property is in very good condition and offers strong long-term investment potential. Located within the Ridgewood Historic District
All apartments are railroad-style layouts:
· Left-side units: 3 bedrooms / 1 bathroom
· Right-side units: 2 bedrooms / 1 bathroom
The property is ideally situated just 0.3 miles from the M Train at Fresh Pond Road and steps from multiple bus lines offering direct access to Atlas Park, Queens Center Mall, and the first stop on the M line. Centrally located near local restaurants, retail shops, grocery stores, and with convenient access to neighboring neighborhoods.
A solid asset with flexibility, location, and upside—ideal for both investors and end users.
**Prospective Purchaser must be aware of Rent Stabilization Laws**
122k Gross Income, For an Offering Memorandum/Income and Expenses please reach out to:
Yianni Bachas
Amenities
- Trash Collection Public
- Walk Up
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47-44 Vernon Blvd, Long Island City, NY 11101
Phone: +1 718-707-0200
Fax: +1 718-707-0233
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| Listing Courtesy of Amorelli Realty LLC | |