1623 Norman St - Apartments FOR SALE


Ridgewood, NY 11385
$1,250,000 USD
718-877-3277
1623 Norman St, Ridgewood, NY for Sale
$1,250,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

1623 Norman St
Ridgewood, NY 11385


HIGHLIGHTS

  • Ridgewood
  • 3 Family with Finished Basement
  • Close to shops and transportation

OVERVIEW

Excellent Investment Opportunity in Prime Ridgewood! This well-maintained 3-family home is situated in a highly desirable location with R5B zoning. It features a finished basement and is conveniently close to shops and the L train, making it ideal for both investors and future tenants. All four units are currently on a month-to-month lease, offering flexibility and potential for increased rental income. Buyers’ Broker Incentive: 1% co-broke commission plus a $5,000 signing bonus for deals signed by May 31st!

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$387 USD /SF

# OF UNITS

4

PRICE/UNIT

$312,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Norman House

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

R5B

APN/PARCEL ID

03553-0096,03553-0097

ASK ABOUT THIS PROPERTY

Daniel TorresExit All Seasons Realty, Inc.More Info
718-877-3277

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Daniel TorresExit All Seasons Realty, Inc.More Info
718-877-3277

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.