Homes for sale - 16-83 Woodbine ST, Ridgewood, NY 11385

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DEXTER PHILLIP

dexter.phillip@exprealty.com +1(917) 809-9210

$ 3,000,000

Est. payment | -/mo

12 Beds

9 Baths

Save

$ 3,000,000

Est. payment | -/mo

Save

12 Beds

9 Baths

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

Listed by EXP Realty

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+1(917) 809-9210

dexter.phillip@exprealty.com

104 West 40th Street 4th Floor, New York, NY, 10018, USA

16-83 Woodbine ST Ridgewood, NY 11385