Property Description

Discover this fully brick, income producing 6-unit property with a basement – utility room, storage space, and backyard, located in an Opportunity Zone with R6B zoning, an excellent investment prospect. Five of the six units are currently occupied, while one recently renovated unit is available for showings. Common areas and staircases have been recently upgraded. Each floor hosts two apartments, each featuring two bedrooms, an additional office space, and one bathroom. All six units are rent-stabilized. Gross Income: $104,496, expenses: $31,000 and Net Operating Income (NOI): $73,496 Tenants are responsible for their own cooking gas and electricity. The property is conveniently located near the M Train and B13 & B38 bus lines, ensuring easy accessibility. For details on rent roll, cap rate, and additional financial information, please contact us.

Features
: Flat, Asphalt/tar
Address Map
11385
Linden
1708
Street
0
W74° 5' 24.6''
N40° 42' 9.8''
MLS Addon
: Multi-family
6
37
: A/c Unit - Window
: Concrete, Hardwood, Granite
119040
eXp Realty BKNY
Alex S. Verdov
ASV3181
$0
$0
: Other
: Storage Rooms, Secure Lobby
: Brick
: Active
$19,032

Residential For Sale

1708 Linden Street, Ridgewood, New York 11385

6 Bathrooms
5,610 Sqft
$1,125,000
Listing ID #490071
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 490071
Price : $1,125,000
Bathrooms : 6
Square Footage : 5,610 Sqft
Year Built : 1930
Lot Area : 2,742 Sqft
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Style Selector
Select the layout
Choose the theme
Preset colors
No Preset
Select the pattern