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862 Woodward Ave
Ridgewood, NY 11385
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Great Cap Rate
- Major Upgrades in past 3 years
- Well-maintained
Executive Summary
Extra-wide solid brick 6 family in prime Ridgewood, 1st time on market in decades, turn key property. Well-maintained, railroad style, high-ceiling basement, 7 gas meters and 7 electric meters. Three 3-bedroom apartments and three 2-bedroom apartments. New roof replaced in 2022, new skylight, basement front entrance door, and new boiler in 2023. Close to 5,800 square feet of interior space, building size is 27.5x70, lot size is 27.5x100. Property tax is $19,650. Close to $130,000 gross income and $90,000 NOI, generating 7% cap rate at asking price. Excellent location, close to all. Priced to sell. DHCR available upon request.
Property Facts
Amenities
Unit Amenities
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Property Taxes
| Parcel Number | 03473-0035 | Improvements Assessment | $214,872 CAD |
| Land Assessment | $3,721 CAD | Total Assessment | $218,594 CAD |
Property Taxes
Parcel Number
03473-0035
Land Assessment
$3,721 CAD
Improvements Assessment
$214,872 CAD
Total Assessment
$218,594 CAD
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