1-5 Ridgewood Pl | Brooklyn, NY 11237
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- LoopNet Team
1-5 Ridgewood Pl
Brooklyn, NY 11237
1 and 5 Ridgewood Place · Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- 12 Units Total | New Construction Built in 2004
- Strong Bushwick, Brooklyn Location | Quiet Block just off Myrtle Avenue Retail Corridor
- Asking: $2,750,000 | $340/SF | 7.5% In-Place Cap Rate
- 421-a Tax Abatements Expire in 2032 | Units will Become Free-Market upon Expiration with Turnover
- Direct Access to a Major Transit Hub | L and M Myrtle-Wyckoff Subway Station and B26, B54, B60, Q39 and Q58 Bus Lines
PROPERTY FACTS
| No. Units | 12 | Building Size | 10,668 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Building Class | B | Year Built | 2004 |
| Lot Size | 0.09 AC | ||
| Zoning | R6,C2-3 - R6 - Medium density residential district | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.09 AC |
| Building Size | 10,668 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2004 |
| Zoning | R6,C2-3 - R6 - Medium density residential district |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Eat-in Kitchen
- Refrigerator
- Oven
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 03354-0009 | Improvements Assessment | $505,350 |
| Land Assessment | $49,500 | Total Assessment | $554,850 |
PROPERTY TAXES
Parcel Number
03354-0009
Land Assessment
$49,500
Improvements Assessment
$505,350
Total Assessment
$554,850
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