Exceptional investment opportunity in the heart of Ridgewood.


Property

Website:https://www.nestseekers.com/5593328
Address:
New York, NY 11385
Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$1,475,000
Annual Taxes:$18,112

Description

Exceptional investment opportunity in the heart of Ridgewood. This well-maintained 6-family building features all DHCR paperwork up-to-date and is free and clear of violations, offering peace of mind for investors. The property generates strong in-place income with significant upside, as current rents remain well below legal rents. With low annual operating expenses and excellent long-term growth potential, this is a chance to acquire a stabilized multifamily asset in one of Queens most desirable rental markets

Amenities

  • Electricity Available
  • Electricity Connected
  • Natural Gas Connected

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Concrete Jungle NYC Realty