In contract
  • Price cut: $30K (6/11)
    $1,095,000

    1708 Linden St FLOOR 1, Ridgewood, NY 11385

    12beds
    5,610sqft
    Rental Unit
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $195/sqft
    $-- HOA

    What's special

    Discover this fully brick, income producing 6-unit property with a basement - utility room, storage space, and backyard, located in an Opportunity Zone with R6B zoning, an excellent investment prospect. Five of the six units are currently occupied, while one recently renovated unit is available for showings. Common areas and staircases have been recently upgraded. Each floor hosts two apartments, each featuring two bedrooms, an additional office space, and one bathroom. All six units are rent-stabilized. Gross Income: $104,496, expenses: $31,000 and Net Operating Income (NOI): $73,496 Tenants are responsible for their own cooking gas and electricity. The property is conveniently located near the M Train and B13 & B38 bus lines, ensuring easy accessibility. For details on rent roll, cap rate, and additional financial information, please contact us.
    157 days
    on Zillow
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    347
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