Apartment Buildings /NY /Queens County /Ridgewood /1673 Woodbine St
Apartment Buildings /NY /Queens County /Ridgewood /1673 Woodbine St

1673 Woodbine St - Apartments FOR SALE


Ridgewood, NY 11385 | 
$2,600,000 USD
914-584-7422
1673 Woodbine St, Ridgewood, NY for Sale
$2,600,000 USD
Apartments - FOR SALE
1/5
null | 7.99% Cap Rate
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1673 Woodbine St
Ridgewood, NY 11385

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HIGHLIGHTS

  • 27’ wide fully renovated and free market six family
  • Currently under leased, averaging $48/SF vs what should be $55+/SF.
  • What is now a ~7% cap will be an 8% cap in the near term
  • Protected tax class 2A
  • Download linked OM which contains current and projected rent rolls.

OVERVIEW

Broker of Record Cory Rosenthal License # 10991237833 (NY) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$394 USD /SF

# OF UNITS

6

PRICE/UNIT

$433,333

CAP RATE

7.99%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,742 SF

ZONING

R6B

APN/PARCEL ID

03449-0043

ASK ABOUT THIS PROPERTY

DJ JohnstonMatthews Real Estate Investment ServicesMore Info
914-584-7422

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DJ JohnstonMatthews Real Estate Investment ServicesMore Info
914-584-7422

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