FOR SALE
$3,400,000

16-83 Woodbine Street
Ridgewood, NY 11385

Multi-Family
Residential
12
Beds
4
Baths
+
5 Half
0.06
Acre Lot
Listing by: EXP Realty, 888-276-0630
Agent Websites> New York> Ridgewood> 11385
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.
3548046
Multi-Family, Other
12
Queens
4 Full/5 Half
1931
0.06 Acres
Public
Brick
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Listing by: EXP Realty, 888-276-0630
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