16-83 Woodbine ST Pending Save Request In-Person Tour Request Virtual Tour
Ridgewood,NY 11385
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID KEYL3548046
Style Other
Bedrooms 12
Full Baths 4
Half Baths 5
Originating Board onekey2
Rental Info No
Year Built 1931
Annual Tax Amount $31,753
Lot Dimensions 24x100
Property Description
This meticulously renovated mixed-use building, completed in 2023, boasts NINE FREE MARKET UNITS, comprising FOUR RESIDENTIAL and FIVE COMMERCIAL UNITS. It stands as a lucrative income generator, with gross annual income increasing to $278,544/yr starting October 2024 (for detailed breakdown, refer to our Excel sheet or digital brochure). The residential units feature spacious 3 boxed bedroom layouts with one full bathroom each. Situated in zone R6B-C24, the property is NOT SUBJECT TO RENT CONTROL OR RENT STABILIZATION REGULATIONS. Nestled in the heart of Ridgewood, conveniently positioned between the L and M train lines, residents enjoy unparalleled access to amenities, public transportation, and thriving commercial hubs. Ridgewood's allure as an exceptional city underscores the promising investment potential of this property., Additional information: Interior Features:Lr/Dr
Location
State NY
County Queens
Rooms
Basement Walk-Out Access,Partial
Interior
Interior Features Eat-in Kitchen,Entrance Foyer,Ceiling Fan(s)
Heating Natural Gas,Hot Water
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Freezer,Refrigerator,Gas Water Heater
Exterior
Exterior Feature Mailbox
Parking Features On Street
Amenities Available Park
Private Pool No
Building
Lot Description Corner Lot,Near Public Transit,Near School,Near Shops
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 81 Jean Paul Richter
Middle Schools Is 77
High Schools Grover Cleveland High School
School District Queens24
Others
Senior Community No
Special Listing Condition None