Take advantage of this great investment opportunity and win with the inflation. This twenty-four units building has twenty one-bedroom apartments and four two-bedroom ones. It produces a gross income of $377,808 annually and a net income of $291,116 that is offered to you at a 5.20% capitalization rate! Well-maintained condition of this real estate combined with excellent location (one block away from the M-train (Seneca) and 3 blocks away from the L-train (Myrtle-Wyckoff) guarantees that you will always have a meager vacancy rate.
Off market
Price Unknown
1723 Woodbine St #24, Ridgewood, NY 11385
28beds
19,200sqft
Apartment
Built in 1930
-- sqft lot
$-- Zestimate®
$--/sqft
$3,437 Estimated rent