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
2,400 Sq Ft Lot Size
commercial
$2,646 Monthly Tax
Built in 1931
MLS/Listing ID L3548046
9 Units
Lot - Near School
Ceiling Fans
Parking - On Street
Lot - Corner Lot
Lot - Near Public Transit
Eat-in Kitchen
Entrance Foyer
Heating - Hot Water
Heating - Natural Gas
Cooling - Wall/window unit(s)
Construction - Brick
Association - Park
Freezer
Gas Water Heater
Refrigerator