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$1,368,888
Est. payment /mo
2,739 Sqft Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1063087
Style Mid Rise
Rental Info No
Year Built 1930
Annual Tax Amount $19,554
Lot Size 2,739 Sqft
Acres 0.0629
Property Sub-Type Multi Family
Source onekey2
Property Description
An excellent investment opportunity awaits at 16-77 Woodbine Street in Ridgewood, Queens, a six-unit residential property with rent-stabilized apartments in a well-established neighborhood (5 OUT OF 6 UNITS WILL BE DELIVERED VACANT!!!). The building features three residential floors, with two apartments on each floor, providing a practical multi-unit layout for investors seeking to expand their real estate portfolio. The property also includes a basement with recreation and utility areas. Situated in the vibrant Ridgewood community, residents can enjoy a variety of neighborhood restaurants, cafes, local shops, and everyday conveniences, along with nearby parks and the lively shopping and dining corridors of Myrtle and Fresh Pond Road. Public transportation is conveniently accessible within walking distance, including nearby M train service and local bus routes, providing connections throughout Queens and into Manhattan and Brooklyn. With its six residential units, established neighborhood setting, and rent-stabilized tenancy, this property presents an opportunity for investors seeking a multifamily asset in a well-connected New York City neighborhood. Buyers should independently verify all rent-stabilization status, leases, rental income, expenses, and building details during due diligence.
Location
State NY
County Queens
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Parking Features On Street
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Building
Sewer Public Sewer
Water Public
Structure Type Stone
Schools
Elementary Schools Ps 239
Middle Schools Joseph F Quinn Intermediate School 77
High Schools Contact Agent
School District Contact Agent
Others
Special Listing Condition None
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Listed by Mitra Hakimi Realty Group LLC • Etan Hakimi
NEARBY SCHOOL & BUSINESS
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