Commercial Sale in Ridgewood, Queens, NY 11385 | Web ID: PH538765 | $1,374,999

 
Property Description

Presenting a prime investment opportunity at 69-15 60th lane, ridgewood, 11375. This meticulously maintained property stands out not only for its location but also four dedicated garages/parking spots. Property highlights:? Investment potential: this property stands as a compelling investment, offering consistent revenue streams and a robust set of features that are highly sought after in the market. Garage spaces: included are four dedicated garages/parking spots, which are a considerable asset, especially in urban areas where parking is scarce and highly valued. Utilities: tenants shoulder their own electric bills, while the owner takes responsibility for heat and hot water. This distribution balances ease of management and predictable operating costs. Apartment details: the property houses five apartments each featuring 1 bedroom, 1 bathroom, a living room, and a kitchen. One larger apartment with 2 bedrooms, 1 bathroom, a living room, and a kitchen. Recent renovations: two apartments (1r and 1f) underwent extensive renovations in 2016. These renovations encompassed new windows, cherrywood kitchens, tiled bathrooms, wooden floors, and doors, enhancing their appeal and functionality. Transportation proximity: the property's location offers excellent connectivity with multiple subway lines in close vicinity

Property Information
Location/Town Ridgewood
Area/County Queens
Prop. Type Commercial Sale
Tax $19,000.00
# Stories 3
Year Built 1930
Lot Size 20x100.83
Lot SqFt 2,017
Zoning R6B
Tax Lot 49
Listing information courtesy of: Prime Realty
Mortgage Calculator
Property Value
Downpayment
Loan Amount
Number of Years
Interest Rate
Annual Taxes
Annual Insurance
Mortgage:
Total Payment:
Note: web mortgage-calculator is a sample only; for actual mortgage calculation contact your mortgage provider

 

 

View This Property on the Map