About This Home

Turnkey six (6) family building in prime Ridgewood, 7% cap rate, well-maintained, railroad style. 7 gas meters and 7 electric meters. Three 3-bedroom apartments and three 2-bedroom apartments. New roof replaced in 2022, new skylight, basement front entrance door, and new boiler in 2023. Close to 5,800 square feet of interior space, building size is 27.5x70, lot size is 27.5x100. Property tax is $19,650. Close to $130,000 great NOI, 7% cap rate. Excellent location, close to all. DHCR available upon request. Motivated seller.

Getting Around

Walker's Paradise

Very Limited Transit

Very Bikeable

Schools

6/10

Ps 88 SenecaGrades PK-50.3 mi

3/10

Joseph F Quinn Intermediate School 77Grades 6-80.2 mi

2/10

Grover Cleveland H.S.Grades 9-120.7 mi

Construction

Condition

Year built: 1930

Type & Style

Home type: SingleFamily
Property subType: Rental Unit

Interior

Bedrooms & Bathrooms

Bedrooms: 15
Bathrooms: 6
Full bathrooms: 6

Interior Area

Total structure area: 5,775
Total interior livable area: 5,775 sqft

Property

Details

Special condition: Resale

862 Woodward Ave #6, Ridgewood, NY, 11385