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72-04 Forest AVE Ridgewood, NY 11385
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Key Details
Sold Price $2,150,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,951 sqft
Price per Sqft $361
MLS Listing ID 3237340
Sold Date 05/18/21
Style Store+Dwell
Bedrooms 10
Full Baths 5
Originating Board onekey
Rental Info No
Year Built 1931
Annual Tax Amount $18,590
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 25.92x100
Property Description
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!
Location
State NY
County Queens
Zoning R5B
Rooms
Basement Full
Kitchen 5
Interior
Interior Features Formal Dining, Storage
Flooring Hardwood
Fireplace No
Exterior
Garage Private, Detached, 1 Car Detached, Garage
Garage Spaces 1.0
Total Parking Spaces 1
Garage true
Building
Lot Description Corner Lot, Near Public Transit
Level or Stories Three Or More
Structure Type Brick
New Construction No
Schools
School District Queens 24
Others
Senior Community No
Special Listing Condition None
Read Less
Bought with Capri Jet Realty Corp