Ridgewood, NY 11385,71-17 Fresh Pond RD
$990,000
$999,000
0.9%
Est.Price: ?

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3,920 Sqft Lot

71-17 Fresh Pond RD Ridgewood, NY 11385

Est. payment /mo
SOLD DATE : 08/26/2024

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Key Details

Sold Price $990,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 3539142

Year Built 1931

Annual Tax Amount $15,806

Lot Size 3,920 Sqft

Property Description

6-Family Gem in Prime Location Discover investment potential with this 6-family home situated in a sought-after location. Each apartment offers spacious living, providing a comfortable & adjustable atmosphere. Featuring generously sized living rooms, eat-in kitchens, & full bathrooms, these apartments offer a perfect blend of functionality & comfort. Additionally, two bedrooms provide ample space, while an extra room can be utilized as a third bedroom or formal dining area. With five apartments currently leased & generating a substantial income, along with one vacant unit offering potential for renovation, this property presents an excellent opportunity for investors or owner-occupiers. The current rent roll is $90,491.88 annually for the occupied apartments. Tenants cover their own electric & cooking gas expenses. Benefit from recent updates, including a brand-new hot water tank installed just months ago & a youthful roof completed only three years prior. The boiler, installed in 2006, continues to provide reliable heating throughout the property. Apartment 2R was fully renovated about 7 years ago. Full basement for plenty of storage w/outside entrance to the yard. Perfectly situated near public bus routes & the 'M' Train, commuting to Brooklyn & beyond is effortless. Explore the neighborhood's array of major shopping destinations, dining options, & recreational facilities, all within easy reach. Schedule your private viewing today to explore the potential of this property.

Location

State NY

County Queens

Zoning R6B

Interior

Heating Natural Gas, Hot Water

Building

Sewer Public Sewer

Others

Special Listing Condition None

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Listed by Century 21 Amiable Rlty Grp II • 718-835-4700
Bought with Century 21 Amiable Rlty Grp II

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