Courtesy of: Emma Barattini, EVERGREEN REALTY & INVESTMENTS, amanda@evrgrealty.com
Courtesy of: Emma Barattini, EVERGREEN REALTY & INVESTMENTS, amanda@evrgrealty.com
$1,750,000
|
6.00 Bath (6 Full)
|
|
Other
|
$1,750,000
1823 Bleecker Street This semi-detached six-family building in Ridgewood features 1, 400 SF of unused air rights, a high rent roll, and excellent air and light. The building consists of three free-market units and three rent-stabilized units. All units have one bedroom, one bathroom, and beautiful hardwood flooring and some are fully renovated with dishwashers and washers/dryers. At three stories high, the building is 3, 600 SF and measures 20' x 60'. It sits on a 2, 500 SF lot measuring 25' x 100.' The building has the potential to produce a gross annual income of approximately $187, 594 and has a 8.61% potential cap rate. The building is conveniently located just a short walk from the M train at Seneca Avenue and the L train at Dekalb Avenue. This is an excellent opportunity to invest in a 50% free-market building with a high rent roll and air rights in prime Ridgewood.
Courtesy of: Emma Barattini, EVERGREEN REALTY & INVESTMENTS, amanda@evrgrealty.com
Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.