Corner Brick Mixed-Use 5 Family + Store w/ Garage & Full Basement! This is an Investor's Dream! 5.7% CAP Rate! Building is located in prime Ridgewood, bordering gorgeous parks in Glendale and the trendiest restaurants and nightlife in Ridgewood. Just 5 mins to M train (Forest Ave) 3 blocks to Evergreen Park 7 blocks to the Rosemary's Playground Steps away from all shopping, boutiques, and groceries. This income-producing property features: - 5 Free Market Apartments (each are 2 Br/ 1 Bath) - Commercial Store is approx. 800 sq. ft (tenants have a 5-year lease) - All Apartments are in good condition, original wood floors that respect its pre-war character and charm: bright exterior, very high ceilings, hardwood floors, tall windows and so much more! - Quiet building. Very well maintained. - Full Basement - 1 Car Garage - Neighborhood highlights include: Art galleries, trendy nightlife bars, famous restaurants and an organic Farmer's market on Saturdays. Great Investment Opportunity!
Off market
$2,183,900
7204 Forest Ave, Ridgewood, NY 11385
10beds
5,951sqft
MultiFamily
Built in 1931
-- sqft lot
$2,183,900 Zestimate®
$367/sqft
$3,827 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 5
Appliances
- Included: Refrigerator
Features
- Storage, Formal Dining Room
- Flooring: Tile, Hardwood
- Basement: Full
Interior area
- Total interior livable area: 5,951 sqft
Property
Parking
- Total spaces: 1
- Parking features: On-street
Lot
- Size: 2,591 sqft
- Features: Corner Lot, Near Public Transit
Details
- Parcel number: 035760030
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Store+Dwell
Condition
- Year built: 1931
Community & neighborhood
Location
- Region: Ridgewood
Other
Other facts
- Basement: Full
- ConstructionMaterials: Brick
- ParkingFeatures: Private, Detached, Garage
- PropertyType: Residential Income
- SeniorCommunityYN: 0
- Flooring: Hardwood
- LotFeatures: Corner Lot, Near Public Transit
- ArchitecturalStyle: Store+Dwell
- CommunityFeatures: Park, Near Public Transportation
- RoadResponsibility: Public Maintained Road
- InteriorFeatures: Storage, Formal Dining Room
- FireplaceYN: 0
- PoolPrivateYN: 0
- SpaYN: 0