Active
  • $1,700,000

    5519 Metropolitan Ave, Ridgewood, NY 11385

    6beds
    3,922sqft
    Building
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $433/sqft
    $-- HOA

    What's special

    High-end finishesStainless steel appliancesCorner property
    Looking for a rare opportunity to own a stunning corner property in the prime location of Ridgewood? Look no further! This newly renovated 3-family brick building with a store and 2-car garage is waiting for you to make it your own. Features include: Gorgeous corner brick 3-family building with store and 2-car garage Recently gut-renovated units with high-end finishes and stainless steel appliances Walk-in commercial store currently set up as an Afterschool Academy, providing a great opportunity for rental income Located just 2 blocks away from Grover Cleveland Playground Steps away from all the shopping, cafes, and restaurants on Metropolitan Ave Less than 10 minutes to the M train at Metropolitan Ave, with easy access to the L train at Graham Ave Easy access to the BQE or Long Island Expressway Brand-new furnace, plumbing, and electric Newly upgraded heating/cooling systems Don't miss out on this rare opportunity to own a stunning property in the prime location of Maspeth! Contact us today to schedule a viewing and make an offer. Commercial: $2,514 (After school academy) Apt 1: $4,200 (3BR) Apt 2: $2300 (1BR) Apt 3: $2600 (1BR) Garage 1: $350 Garage 2: $350 Taxes: $17,612 Insurance: $7,500 Water: $5,500 Electric: $600 Repair & Maintenance $2500 Tenants pay all utilities New roof Gross income: $147,768 NOI: $114,056 6.7 CAP
    52 days
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