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16-83 Woodbine Street Ridgewood, NY 11385
$3,650,000
  • For Sale
  • NEW
  • 12 Bedrooms
  • 4 Full Baths
  • 5 Half Baths
  • Year Built 1931
  • Multi Family
  • ML# 3548046

Property Details

Overview

This meticulously renovated mixed-use building, completed in 2023, boasts NINE FREE MARKET UNITS, comprising FOUR RESIDENTIAL and FIVE COMMERCIAL UNITS. It stands as a lucrative income generator, with gross annual income increasing to $278, 544/yr starting October 2024 (for detailed breakdown, refer to our Excel sheet or digital brochure). The residential units feature spacious 3 boxed bedroom layouts with one full bathroom each. Situated in zone R6B-C24, the property is NOT SUBJECT TO RENT CONTROL OR RENT STABILIZATION REGULATIONS. Nestled in the heart of Ridgewood, conveniently positioned between the L and M train lines, residents enjoy unparalleled access to amenities, public transportation, and thriving commercial hubs. Ridgewood’s allure as an exceptional city underscores the promising investment potential of this property.

Key Facts

  • Style: Other
  • Lot Size: 0.06
  • Lot Sq Ft: 2400
  • Taxes: $31,753
  • School District#: 11
  • Block: 3449
  • Lot: 34

Additional Features

  • Construction Materials: Brick
  • Interior Features: 
    Eat-in Kitchen, Entrance Foyer, Living Room/Dining Room Combo
  • Garage: 0.0
  • Parking Spaces: Yes
  • Parking Facilities: On Street

Rooms & Floor Plans

  • Bedroom: 12
  • Dining Room: 1
  • Full Bath: 4
  • Half Bath: 5
  • Other: 32

Interior & Utilities

  • Refrigerator: Yes
  • Heat: Natural Gas, Hot Water
  • A/C: Window Unit(s)
  • Freezer: Yes
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $31,753
Listing Information provided courtesy of EXP Realty  888-276-0630
OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS
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