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16-83 Woodbine Street Ridgewood NY, 11385
$3,000,000
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  • Under Contract
  • 12 Bedrooms
  • 4 Full Baths
  • 5 Half Baths
  • Year Built 1931
  • Multi Family
  • ML# 3548046
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Property Details

Overview

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

Key Facts

  • •Style: Other
  • •Lot Sq Ft: 2400
  • •Taxes: $31,753
  • •Sale or Rent: Sale
  • •School District: Ps 81 Jean Paul Richter
  • •Block: 3449
  • •Lot: 34

Additional Features

  • •Construction Materials: Brick
  • •Exterior Features: Mailbox
  • •Interior Features: 
    Eat-in Kitchen, Entrance Foyer, Ceiling Fan(s)
  • •Parking Spaces: Yes
  • •Parking Facilities: On Street

Rooms & Floor Plans

  • •Bedroom: 12
  • •Dining Room: 1
  • •Full Bath: 4
  • •Half Bath: 5
  • •Other: 32

Interior & Utilities

  • •Heat: Natural Gas, Hot Water
  • •A/C: Wall/Window Unit(s)
  • •Water: Public
  • •Sewer: Public Sewer

Financial

  • •Taxes: $31,753
  • •Available: 2024-11-22

  1. Presented by

    Brian Phillips Team - Douglas Elliman

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Listing Information provided courtesy of EXP Realty OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS