Ridgewood, NY 11385,72-04 Forest AVE
$2,150,000
$2,425,000
11.3%
Est.Price: ?

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10 BD
5 BA
5,951 SqFt

72-04 Forest AVE Ridgewood, NY 11385

Est. payment /mo
SOLD DATE : 05/18/2021

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Key Details

Sold Price $2,150,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,951 sqft

Price per Sqft $361

MLS Listing ID 3237340

Style Store+Dwell

Bedrooms 10

Full Baths 5

Year Built 1931

Annual Tax Amount $18,590

Lot Size 2,613 Sqft

Property Description

Corner Brick Mixed-Use 5 Family + Store w/ Garage & Full Basement! This is an Investor's Dream! 5.7% CAP Rate! Building is located in prime Ridgewood, bordering gorgeous parks in Glendale and the trendiest restaurants and nightlife in Ridgewood. Just 5 mins to M train (Forest Ave) 3 blocks to Evergreen Park 7 blocks to the Rosemary's Playground Steps away from all shopping, boutiques, and groceries. This income-producing property features: - 5 Free Market Apartments (each are 2 Br/ 1 Bath) - Commercial Store is approx. 800 sq. ft (tenants have a 5-year lease) - All Apartments are in good condition, original wood floors that respect its pre-war character and charm: bright exterior, very high ceilings, hardwood floors, tall windows and so much more! - Quiet building. Very well maintained. - Full Basement - 1 Car Garage - Neighborhood highlights include: Art galleries, trendy nightlife bars, famous restaurants and an organic Farmer's market on Saturdays. Great Investment Opportunity!

Location

State NY

County Queens

Zoning R5B

Rooms

Kitchen 5

Interior

Flooring Hardwood

Exterior

Garage Private, Detached, 1 Car Detached, Garage

Garage Spaces 1.0

Building

Lot Description Corner Lot, Near Public Transit

Structure Type Brick

New Construction No

Schools

School District Queens 24

Others

Special Listing Condition None

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Listed by Capri Jet Realty Corp • 718-388-2188
Bought with Capri Jet Realty Corp

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