Ridgewood, NY 11385,17-23 Woodbine ST
$5,050,000
$5,600,000
9.8%
Est.Price: ?

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28 BD
24 BA
19,200 SqFt

17-23 Woodbine ST Ridgewood, NY 11385

Est. payment /mo
SOLD DATE : 03/01/2022

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Key Details

Sold Price $5,050,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 19,200 sqft

Price per Sqft $263

MLS Listing ID KEYL3339500

Sold Date 03/01/22

Bedrooms 28

Full Baths 24

Originating Board onekey2

Rental Info No

Year Built 1930

Annual Tax Amount $26,275

Lot Dimensions 59.25x100

Property Description

Take advantage of this great investment opportunity and win with inflation. This twenty-four units building has twenty one-bedroom apartments and four two-bedroom ones. Well-maintained condition of this real estate combined with excellent location (one block away from the M-train (Seneca) and 3 blocks away from the L-train (Myrtle-Wyckoff) guarantees that you will always have a meager vacancy rate. It produces a gross income of $377,808 annually and a net income of $291,116. Offered to you at a 5.20% capitalization rate!, Building Size:59 x 87

Location

State NY

County Queens

Rooms

Basement Finished

Interior

Heating Natural Gas, Steam

Cooling None

Fireplace No

Appliance Refrigerator, Tankless Water Heater

Exterior

Parking Features None

Amenities Available Park

Private Pool No

Building

Lot Description Near Public Transit, Near School, Near Shops

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Ps 239

Middle Schools Is 77

High Schools Grover Cleveland High School

School District Queens24

Others

Senior Community No

Special Listing Condition None

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Listed by Trademarko Realty Inc
Bought with Non-Member

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agent

Parrish Williamson

Agent | License ID: 10401350416

+1(646) 512-1642

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