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About This Home
This 15-bedroom, 6-bathroom residential multi family at 862 Woodward Avenue in Ridgewood, NY is listed for $1,349,000 ($234 per sqft). Built in 1930, the home offers 5,775 sqft of living space on a 0.06 acres lot.
Turnkey six (6) family building in prime Ridgewood, 7% cap rate, well-maintained, railroad style. 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 great NOI, 7% cap rate. Excellent location, close to all. DHCR available upon request. Motivated seller
Key Features
- Built in 1930
- 0.06 acre lot
- 3 stories
Property Details
Amenities
Monthly Cost Estimate
$7,215/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
862 Woodward Avenue
Ridgewood, NY 11358
Questions & Answers
This 15-bedroom, 6-bathroom residential multi family at 862 Woodward Avenue is listed at $1,349,000 ($234/sqft). The estimated monthly payment is $5,846 based on 20% down at 6.5% interest.
Key features include: Built in 1930, 0.06 acre lot, 3 stories.
This property is listed by Dazhi (Simon) Su and can be reached at (718) 612-3088 or simonsusellsnyc@gmail.com.