Property Description

Priced to Sell - 6-Family Building in the Heart of RidgewoodExcellent opportunity to acquire a well-maintained 6-family multifamily building in one of Ridgewood's most historic and desirable sections. The landlord has reserved one vacant unit, allowing for immediate owner occupancy or ease of showing. An owner-occupant can live rent-free while offsetting the mortgage with five income-producing units, or an investor may fully lease the property to maximize returns.This classic property is in very good condition and offers strong long-term investment potential. Located within the Ridgewood Historic DistrictAll apartments are railroad-style layouts: Left-side units: 3 bedrooms / 1 bathroom Right-side units: 2 bedrooms / 1 bathroomThe property is ideally situated just 0.3 miles from the M Train at Fresh Pond Road and steps from multiple bus lines offering direct access to Atlas Park, Queens Center Mall, and the first stop on the M line. Centrally located near local restaurants, retail shops, grocery stores, and with convenient access to neighboring neighborhoods.A solid asset with flexibility, location, and upside-ideal for both investors and end users.**Prospective Purchaser must be aware of Rent Stabilization Laws**122k Gross Income, For an Offering Memorandum/Income and Expenses please reach out to:Yianni Bachas

Property Features