1815 Linden St - Apartments FOR SALE


Ridgewood, NY 11385
$4,700,000 USD
718-662-2222
1815 Linden St, Ridgewood, NY for Sale
$4,700,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

1815 Linden St
Ridgewood, NY 11385


HIGHLIGHTS

  • Close to Subway
  • Shared Backyard + Roof Deck
  • Potential For Storage In Basement
  • Balconies With Every Unit

OVERVIEW

Introducing a newly developed elevator building with nine units and tax abatement, strategically located on a spacious lot measuring 42 feet wide and 100 feet deep. Each floor boasts approximately 2,093 square feet within dimensions of 42 ? 49.6 feet. The building comprises seven two-bedroom and two one-bedroom units, each offering private outdoor space. Monthly gross income totals around $30,000. This distinguished brick building is nestled in the highly sought-after Ridgewood neighborhood, known for its blend of comfort, style, and practicality, making it a standout in the area. With impressive features and an enviable location, this property promises attractive investment returns. Upon entry, you're greeted by spacious interiors with a welcoming ambiance. Each unit features generous living rooms, lofty ceilings, and floor-to-ceiling windows that flood the space with natural light. The interior decor includes a harmonious mix of tiles and hardwood floors, complemented by stainless steel appliances and outdoor areas that add sophistication to every room. Open-concept living areas ensure seamless flow and create a bright, airy atmosphere. Each unit also features washer/dryer hookups as well as dual zone heating of split units + baseboard heat to insure the building stays heated and cooled. Outside, residents can enjoy a serene shared backyard perfect for relaxation and gatherings, along with a communal roof deck boasting breathtaking views of the Manhattan skyline. Situated in the coveted Ridgewood neighborhood adjacent to Bushwick, the building offers easy access to Myrtle Wyckoff Ave Subway stops, providing convenient transportation to Manhattan. It's also conveniently located near the vibrant retail scene of Myrtle Ave, acclaimed dining spots such as Rolo, and a plethora of cafes and bars. With its exceptional features, prime location, and impeccable design, this building presents a compelling investment opportunity with promising returns and minimal expenses.

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/SF

$512 USD /SF

# OF UNITS

9

PRICE/UNIT

$522,222

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2018

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

R6B

APN/PARCEL ID

03439-0052

ASK ABOUT THIS PROPERTY

Kleomenis LagosAmorelli RealtyMore Info
718-662-2222

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Kleomenis LagosAmorelli RealtyMore Info
718-662-2222

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