NY > Ridgewood
Ridgewood, NY 11385,603 WOODWARD AVE
Ridgewood, NY 11385,603 WOODWARD AVE
Ridgewood, NY 11385,603 WOODWARD AVE
11
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$2,199,000
Est. payment /mo
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Back on Market

603 WOODWARD AVE Ridgewood, NY 11385

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Jose Agudo

Jose Agudo

+1(917) 674-8131

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Back On Market

Purchase Type For Sale

MLS Listing ID KEY807415

Originating Board onekey2

Rental Info No

Year Built 1915

Annual Tax Amount $29,975

Property Sub-Type Multi Family

Property Description

This mixed-use property in Ridgewood is an exceptional investment opportunity with strong income potential. Here's a refined overview:

11 Residential Units- The property includes 11 residential units, providing a reliable tenant base and steady rental income.
5 units are studios and 6 units are one bedroom.
Storefront: The street-level retail space is located in a high-traffic area, offering great visibility and attracting consistent foot traffic.
Gross Annual Income: The property generates a gross annual income of $185,000, indicating strong returns.
Prime Location: Nestled in a vibrant, sought-after neighborhood, the property is conveniently located near shops, restaurants, and major transportation options, enhancing both residential and commercial appeal.
Upgrades: The property features a new roof and furnace, which reduces the need for immediate maintenance and ensures long-term stability.

Location

State NY

County Queens

Rooms

Basement Full

Interior

Heating Hot Water

Cooling None

Fireplace No

Exterior

Utilities Available Natural Gas Available

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None

Listed by Keller Williams Landmark II

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agent

Jose Agudo

Agent

+1(917) 674-8131

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603 WOODWARD AVE

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