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Located at 16-83 Woodbine Street, Ridgewood, New York 11385, this Multi Family is for Sale with a price of $3,000,000 USD. The property was built in 1931, includes 12 bedrooms, has 4 full baths and 5 partial baths. This listing encompasses a lot of .06 Acres. See all Homes for Sale in Ridgewood.
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16-83 Woodbine Street
Ridgewood, NY 11385

$3,000,000
Sale Under Contract
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Description

16-83 Woodbine Street,

Ridgewood, NY 11385

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.

This is an Pending listing.

Broker Office Phone Number: 888-276-0630

Copyright © 2024OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Refrigerator
  • Wall or Window Air Conditioner(s)
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All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any descriptions, measurements, square footages or acreage and should not be relied upon as such. All information herein should be confirmed by the customer. All rights to all content, including but not limited to photographs, videos and other graphics, are reserved to exclusively to the Broker who supplied such listing content. All advertising on this site is subject to the Federal Fair Housing Act.

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Listing By: EXP Realty via Data Source: OneKey MLS 
12
Bedrooms
4
Full Baths
5
Partial Baths
$3,000,000
Change Currency
$31,753
Annual taxes
Multi Family
Property type
1931
Year Built
Ps 81 Jean Paul Richter
Schools
Ps 81 Jean Paul Richter
Elementary
Is 77
Middle
Grover Cleveland High School
High
11299933
Web Id
3548046
MLS ID
201
Days Posted

Price History

datepricevariancetype
8/29/2024$3,000,000-Contract
4/30/2024$3,000,000-Listed
listing agent: MUSTAPHA KADDOUR
more info
0.06 Acres
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