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Key Details
Sold Price $835,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID L3505949
Sold Date 01/26/24
HOA Y/N No
Rental Info No
Year Built 1930
Annual Tax Amount $8,438
Lot Dimensions 25x101.67
Source onekey2
Property Description
This well-maintained building consists of six 2 bedroom spacious apartments with living/dining area, kitchen and bath each. Current INCOME 97,883.00 and expenses are around $24,691 which gives NOI close to $73.192 yearly. Great Investment Opportunity! This is your chance to acquire a stabilized building with 2 Deregulated apartment w/a registered rent of $2,328. Cash Flow asset in a fast appreciating neighborhood. It is perfectly suited for renters with a Ridgewood's fantastic restaurants, Cafes, Bars & Bakeries at their fingertips with stunning views of the city from roof. Income Breakdown=1R $468.00 Exp:11/30/23 1L $ 801.00 Exp. 11/30/23, 2R- $2,200 8/31/2024, 2L-$1774 Exp. 1/31/24, 3R- $1,432 Exp. 11/30/24, 3L- $1,601 Exp. 1/31/24 EXPENSES=Super - $2,100, Gas - $4,252, Elect - $655, Pest control- $1,300 , Water - $4,900, Taxes - $8,439, Ins. - $3,046., Additional information: Rental Income:Y, Building Size:25x55
Location
State NY
County Queens
Interior
Heating Natural Gas
Fireplace No
Exterior
Private Pool No
Others
Special Listing Condition None
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Bought with Voro LLC
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Barbara Piascik
Team Leader | License ID: 10401281718
Team Leader License ID: 10401281718