6704 - 6706 64th Street, Ridgewood, NY

Sale Notes:
4 Family & 7 Garages
6704/06 64th Street
Ridgewood, NY 11385

DESCRIPTION
If you are a contractor, this property is gold for a user as
well as income purposes. This four family home features
(2) two bedroom units on each fl oor. A seven car garage
situated right next to the home is the ideal place to park
your trucks and store your supplies. In addition, is a great
source of income.

Location: Off Fresh Pond Rd. & 68th Ave.
Block/Lot: 3621-23/21
Lot Dimensions: 54' x 100'
Lot Size: 5,400 square feet (approx.)
Building size: 25' x 53'
Zoning: R5B
Taxes: $10,500
Insurance: $3,000
Water: $2,800
Fuel/Gas: $4,500 (approx.)
Electric: $1,200
Total Expenses: $25,000 (approx.)

Apartment Rent:
1L-$775 1R-$750 2L-$1,200 2R-$900
Total Income: Monthy-$3,625/Yearly-$43,500
Combined Yearly Income: $58,320
Garage Rent:
1-DBL/Garage/Front-$500
2-DBL/Garage/Rear-$250
3-Three single garages-$480
Total Income: Monthy-$1,235/Yearly-$14,820