6119 Woodbine St, Ridgewood, NY 11385

8 Unit Apartment Building | $1,299,000 ($162,375/Unit) | Ridgewood, NY 11385

Asking Price $1,299,000

Property Type
Multifamily
Square Feet
9,200 SF

Listing Contacts

  • Property Info

Property Overview

Rare opportunity to own the oversize legal 8 family brick building in the heart of Ridgewood. 9200 sq. ft of interior square footage. Huge apartments with high ceilings. New boiler and hot water. 6 current leases and 2 vacant units offer great upside potential. Must see. Gross income 6 Units: $97,933.44/Yr. Yearly Expenses: $61,000/Yr. Net Income: $36,933.44 Not including 2 units. Apartment Number 1L is vacant. Apartment 2L, not rent stabilized, projected amount is $3,000/mo. DHCR available upon request.

Property Details

Class
C
Year Built
1930
Stories
4
Lot Size (sq. ft)
3,920 SF
Units
8

Highlights

  • 6 Units currently occupied
  • 2 Units are currently vacant
  • Prime location in Ridgewood

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