Pending
16-83 Woodbine Street
Ridgewood NY, 11385
$3,000,000
Pending
12 Beds
9 Baths
Commercial
Built in 1931
This meticulously renovated mixed-use building, completed in 2023, boasts NINE FREE MARKET UNITS, comprising FOUR RESIDENTIAL and FIVE COMMERCIAL UNITS. It stands as a lucrative income generator, with gross annual income increasing to $278,544/yr starting October 2024 (for detailed breakdown, refer to our Excel sheet or digital brochure). The residential units feature spacious 3 boxed bedroom layouts with one full bathroom each. Situated in zone R6B-C24, the property is NOT SUBJECT TO RENT CONTROL OR RENT STABILIZATION REGULATIONS. Nestled in the heart of Ridgewood, conveniently positioned between the L and M train lines, residents enjoy unparalleled access to amenities, public transportation, and thriving commercial hubs. Ridgewood's allure as an exceptional city underscores the promising investment potential of this property., Additional information: Interior Features:Lr/Dr
L3548046
MLSⓇ ID
April 30, 2024
Listed
December 9, 2024
Updated
Map
16-83 Woodbine Street
Ridgewood NY, 11385
Interior Features
Bedrooms
12
Total Bathrooms
9
Full Bathrooms
4
Half Bathrooms
5
Interior Features
Eat-in Kitchen, Entrance Foyer, Ceiling Fan(s)
Appliances
Freezer, Refrigerator, Gas Water Heater
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Natural Gas, Hot Water
Exterior/Building Features
Lot Size
0.06 Acres
Exterior Features
Mailbox
Lot Features
Corner Lot, Near Public Transit, Near School, Near Shops
Architectual Style
Other
Sewer
Public Sewer
School Information
School District
Queens24
High School
Grover Cleveland High School
Elementary School
Ps 81 Jean Paul Richter
Other Property Details
Taxes
$31,753
Tax Frequency
Annually
Days on Market
119
Association Amenities
Park
Garage
No
Parking
On Street
View
No
County
Queens
Water Source
Public
Pool
No
Listed by Mustapha Kaddour with EXP Realty
Listing Contact: 888-276-0630
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Zakinova Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 5:35 PM UTC, 12/9/2024