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  • $1,750,000

    1823 Bleecker St, Ridgewood, NY 11385

    0beds
    3,600sqft
    Building
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $486/sqft
    $-- HOA

    What's special

    Beautiful hardwood flooring
    This semi-detached six-family building in Ridgewood features 1,400 SF of unused air rights, a high rent roll, and excellent air and light. The building consists of three free-market units and three rent-stabilized units. All units have one bedroom, one bathroom, and beautiful hardwood flooring and some are fully renovated with dishwashers and washers/dryers. At three stories high, the building is 3,600 SF and measures 20’ x 60’. It sits on a 2,500 SF lot measuring 25’ x 100.’ The building has the potential to produce a gross annual income of approximately $187,594 and has a 8.61% potential cap rate. The building is conveniently located just a short walk from the M train at Seneca Avenue and the L train at Dekalb Avenue. This is an excellent opportunity to invest in a 50% free-market building with a high rent roll and air rights in prime Ridgewood.
    291 days
    on Zillow
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