16-83 Woodbine ST Pending Save Request In-Person Tour Request Virtual Tour
Ridgewood,NY 11385
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 3548046
Style Other
Bedrooms 12
Full Baths 4
Half Baths 5
Year Built 1931
Annual Tax Amount $31,753
Lot Size 2,613 Sqft
Property Description
This meticulously renovated mixed-use building, completed in 2023, boasts NINE FREE MARKET UNITS, comprising FOUR RESIDENTIAL and FIVE COMMERCIAL UNITS. It stands as a lucrative income generator, with gross annual income increasing to $278,544/yr starting October 2024 (for detailed breakdown, refer to our Excel sheet or digital brochure). The residential units feature spacious 3 boxed bedroom layouts with one full bathroom each. Situated in zone R6B-C24, the property is NOT SUBJECT TO RENT CONTROL OR RENT STABILIZATION REGULATIONS. Nestled in the heart of Ridgewood, conveniently positioned between the L and M train lines, residents enjoy unparalleled access to amenities, public transportation, and thriving commercial hubs. Ridgewood's allure as an exceptional city underscores the promising investment potential of this property.
Location
State NY
County Queens
Rooms
Kitchen 4
Interior
Heating Natural Gas,Hot Water
Cooling Window Unit(s)
Exterior
Garage On Street
Building
Lot Description Corner Lot,Near Public Transit
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Ps 81 Jean Paul Richter
Middle Schools Is 77
High Schools Grover Cleveland High School
School District Queens 24
Others
Special Listing Condition None