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71-17 Fresh Pond RD Ridgewood, NY 11385
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Key Details
Sold Price $990,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,120 sqft
Price per Sqft $161
MLS Listing ID KEYL3538945
Sold Date 08/26/24
Style Townhouse
Bedrooms 12
Full Baths 6
Originating Board onekey2
Rental Info No
Year Built 1931
Annual Tax Amount $15,807
Lot Dimensions 28x138.67
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., Building Size:34'X60'
Location
State NY
County Queens
Rooms
Basement Full
Interior
Heating Natural Gas, Hot Water
Cooling None
Fireplace No
Appliance Refrigerator, Gas Water Heater
Exterior
Parking Features On Street
Fence Fenced
Amenities Available Park
Private Pool No
Building
Lot Description Near Public Transit, Near School, Near Shops
Sewer Public Sewer
Water Public
Level or Stories Multi/Split
Structure Type Brick
New Construction No
Schools
Middle Schools Is 93 Ridgewood
High Schools Grover Cleveland High School
School District Queens24
Others
Senior Community No
Special Listing Condition None
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Bought with Century 21 Amiable Rlty Grp II