2
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$1,125,000
Est. payment /mo
6 Baths
5,610 SqFt
Price Dropped by $25K
1708 Linden ST Ridgewood, NY 11385
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,610 sqft
Price per Sqft $200
MLS Listing ID 490071
Full Baths 6
Year Built 1930
Annual Tax Amount $19,032
Property Sub-Type Multi-Family
Property Description
Discover this fully brick, income producing 6-unit property with a basement - utility room, storage space, and backyard, located in an Opportunity Zone with R6B zoning, an excellent investment prospect. Five of the six units are currently occupied, while one recently renovated unit is available for showings. Common areas and staircases have been recently upgraded. Each floor hosts two apartments, each featuring two bedrooms, an additional office space, and one bathroom. All six units are rent-stabilized. Gross Income: $104,496, expenses: $31,000 and Net Operating Income (NOI): $73,496 Tenants are responsible for their own cooking gas and electricity. The property is conveniently located near the M Train and B13 & B38 bus lines, ensuring easy accessibility. For details on rent roll, cap rate, and additional financial information, please contact us.
Location
State NY
County Queens
Area Ridgewood
Zoning R6B
Rooms
Basement Other
Interior
Hot Water Hot Water Coil in Boiler
Heating Gas
Flooring Concrete, Granite, Hardwood
Heat Source Gas
Exterior
Exterior Feature Brick
Amenities Available Secure Lobby, Storage rooms
Roof Type Asphalt/Tar,Flat
Handicap Access Unknown
Building
Story 3
Foundation Block
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by eXp Realty BKNY