Premier Opportunity To Purchase THREE STORY SOLID BRICK 6 FAMILY PROPERTY IN RIDGEWOOD. Oversized Brick Walk Up Building In Appreciating Ridgewood Neighborhood. Each Of The Six Apartments Consists Of Three Incredibly Spacious Bedrooms. Conveniently Located Near Various Supermarkets And Shopping & Dining Hub On Myrtle Ave And Fresh Pond Road. In Addition, Subway (M Line) Is Just Two Blocks Away. Gross Yearly Income Exceeds $100,000 And That Coupled With Low Expenses Makes 1858 Cornelia Street A Perfect Investment. It Is Perfectly Suited For Long Term Renters With Ridgewood's Hottest Restaurants, Cafes, Bars & Bakeries At Their Fingertips. This Turn Key Property Has Been Very Well Maintained And It Makes A Superb Armchair Investment Or A 1031 Exchange.
Discover an exciting investment opportunity in the vibrant and highly sought-after Ridgewood area. Nestled in the heart of Ridgewood, this building is ideally located just three blocks away from the M train, surrounded by gift shops, bookstores, fine dining, bars, cafes, and bakeries. All units are currently occupied. This property boasts a prime location and excellent potential for growth. Recently, the total annual income surged to an impressive $113,148, while expenses stand at $38,552, resulting in a substantial net income of $74,596. Don't miss out on the chance to be part of the thriving Ridgewood community, voted 4th coolest neighborhood in the World in 2022.
Discover an exciting investment opportunity in the vibrant and highly sought-after Ridgewood area. Nestled in the heart of Ridgewood, this building is ideally located just three blocks away from the M train, surrounded by gift shops, bookstores, fine dining, bars, cafes, and bakeries. All units are currently occupied. This property boasts a prime location and excellent potential for growth. Recently, the total annual income surged to an impressive $113,148, while expenses stand at $38,552, resulting in a substantial net income of $74,596. Don't miss out on the chance to be part of the thriving Ridgewood community, voted 4th coolest neighborhood in the World in 2022.
Commercial building for sale located in the heart of Ridgewood at 377 Seneca Ave. Entire building is currently used as a restaurant and is situated on a prime lot with generous buildable rights of around 3,000 sqft Lot Size: 25 units wide by 10 units deep, Building Dimensions: 23 'x 88' Great location, close to L train, in the proximity of vibrant area with many stores restaurants, yoga studios and more. Do not miss this great Offer!
Commercial building for sale located in the heart of Ridgewood at 377 Seneca Ave. Entire building is currently used as a restaurant and is situated on a prime lot with generous buildable rights of around 3,000 sqft Lot Size: 25 units wide by 10 units deep, Building Dimensions: 23 'x 88' Great location, close to L train, in the proximity of vibrant area with many stores restaurants, yoga studios and more. Do not miss this great Offer!
Description: 3-story walkup apartment building with 15 apartments, 10 Gated parking Spots, Laundry Room, and 15 Storage Bins