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1823 Bleecker Street, Ridgewood, NY 11385

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For Sale

$1,950,000

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

Explore this Property

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'x100'.The building has a gross annual income of approximately $168,240 and has a 6.74% actual 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.
MLS# 11592209

Courtesy Of EVERGREEN REALTY & INVESTMENTS

(646) 838-1378

Property Features

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Map and Directions

Directions to 1823 Bleecker Street, Ridgewood, NY 11385

Home seller CENTURY 21 Milestone Team Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Milestone Team Realty

(718) 291-7000
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.