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$ 1,399,000
Est. payment /mo
Active
862 Woodward AVE Ridgewood, NY 11358
15 Beds
6 Baths
5,775 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,775 sqft
Price per Sqft $242
MLS Listing ID 496904
Bedrooms 15
Full Baths 6
Year Built 1930
Annual Tax Amount $19,650
Lot Dimensions 27.42x100
Property Sub-Type Multi-Family
Property Description
Extra-wide solid brick 6 family in prime Ridgewood, 1st time on market in decades, turn key property. Well-maintained, railroad style, high-ceiling basement, 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 gross income and $90,000 NOI, generating 6.4% cap rate at asking price. Excellent location, close to all. Priced to sell. DHCR available upon request.
Location
State NY
County Queens
Area Ridgewood
Zoning R6B
Rooms
Basement Finished, Full, Semi-Finished, Separate Entrance
Interior
Hot Water Gas, Other
Heating Gas, Other
Flooring Hardwood, Tile, Other
Heat Source Gas, Other
Exterior
Exterior Feature Brick
Amenities Available Bike Rooms, Storage rooms
Roof Type Flat
Handicap Access Unknown
Building
Story 3
Foundation Poured Concrete, Stone, Other
Others
Energy Description Gas,Other
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by RE/MAX Edge