Corner Cypress Ave 4,900 SF 5 fam (all 3 BR) w/vacant store, & garage located in a fantastic location. Near subway, Myrtle Ave, schools, houses of worship, shopping, highways. etc. Less than 20 minutes to Manhattan. Hot Brooklyn Hub. Updated windows, boiler, electric, roof and plumbing. Needs some TLC. Projected rent over $180,000 per year. Expenses $45K. (8.7 Cap) Great investment.
Sold for $3,300,000 on 05/23/23
$3,300,000
1711 Grove St, Ridgewood, NY 11385
14beds
4,900sqft
MultiFamily
Built in 1930
-- sqft lot
$2,644,000 Zestimate®
$673/sqft
$3,826 Estimated rent
Home value
$2,644,000
$2.27M - $3.04M
$3,826/mo
Zestimate® history
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Owner options
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What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Interior area
- Total interior livable area: 4,900 sqft
Property
Lot
- Size: 2,178 sqft
Details
- Parcel number: 034400052
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1930
Community & neighborhood
Location
- Region: Ridgewood
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2023 | Sold | $3,300,000+106.3%$673/sqft |
Source: Public Record | ||
| 11/4/2021 | Sold | $1,600,000-7.2%$327/sqft |
Source: Public Record | ||
| 8/2/2021 | Pending sale | $1,725,000$352/sqft |
Source:  OneKey® MLS #3325151 | ||
| 6/27/2021 | Listed for sale | $1,725,000$352/sqft |
Source: OneKey® MLS #3325151 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $365,040 -20% |
| 2023 | -- | $456,300 -1.5% |
| 2022 | -- | $463,050 +10.3% |
Find assessor info on the county website
Neighborhood: Ridgewood
Nearby schools
GreatSchools rating
- 5/10Ps 81 Jean Paul RichterGrades: PK-5Distance: 0.1 mi
- 5/10Is 93 RidgewoodGrades: 6-8Distance: 0.5 mi
- 2/10Grover Cleveland H.S.Grades: 9-12Distance: 0.6 mi