Ridgewood Turnkey Package FOR SALE


Ridgewood, NY
$3,500,000 USD
309-210-5330
, Ridgewood, NY for Sale
$3,500,000 USD
FOR SALE
1/7
null | 6.6% Cap Rate

Ridgewood Turnkey Package
Ridgewood, NY


HIGHLIGHTS

  • Highly walkable and visible Ridgewood location
  • Steps from Forest Ave MTA Station
  • Fully renovated in 2019
  • Under market rents
  • Washer/Dryer and Split system Heat/AC in every unit
  • Located in one of the highest rent growth submarkets in NYC

OVERVIEW

Located in the heart of one of NYC's fastest appreciating neighborhood's 58-48 and 58-50 Catalpa present a prime portfolio building opportunity. The highly visible properties sit on Catalpa Avenue at the intersection of Forest and Woodward Avenues. The turnkey properties are home to Four (4) total apartments and Two (2) retail spaces. All four apartments are floor-through and have 4 Beds and 2 full baths. Currently, both retail spaces are being occupied by a doctor office/BioLab medical tenant. This location has convenient access Ridgewood's best restaurants (Rolo's, Il Gigante, etc) and bars with major retail corridors surrounding in virtually every direction. Subway access is a 4-minute walk at the Forest Avenue "M" train station and 8-minutes to the "L" train at the Myrtle-Wyckoff station.

ASK ABOUT THIS PROPERTY

Nick KolbusCushman & WakefieldMore Info
309-210-5330

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Nick KolbusCushman & WakefieldMore Info
309-210-5330

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