Turnkey six 6 family building in prime Ridgewood, 7 cap rate, well maintained, railroad style.


Property

Website: https://www.nestseekers.com/5392610
Address:
New York, NY 11385
Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$1,349,000
Annual Taxes:$19,554

Description

Turnkey six (6) family building in prime Ridgewood, 7% cap rate, well-maintained, railroad style. 7 gas meters and 7 electric meters. Three 3-bedroom apartments and three 2-bedroom apartments. New roof replaced in 2022, new skylight, basement front entrance door, and new boiler in 2023. Close to 5,800 square feet of interior space, building size is 27.5x70, lot size is 27.5x100. Property tax is $19,650. Close to $130,000 great NOI, 7% cap rate. Excellent location, close to all. DHCR available upon request. Motivated seller

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of RE/MAX Edge