Log In/Sign Up
Your email has been sent.
1673 Woodbine St 6 Unit Apartment Building $2,600,000 ($433,333/Unit) 7.99% Cap Rate Ridgewood, NY 11385
Investment Highlights
- 27’ wide fully renovated and free market six family
- What is now a ~7% cap will be an 8% cap in the near term
- Download linked OM which contains current and projected rent rolls.
- Currently under leased, averaging $48/SF vs what should be $55+/SF.
- Protected tax class 2A
Executive Summary
Broker of Record
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
| Price | $2,600,000 | Apartment Style | Low-Rise |
| Price Per Unit | $433,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 7.99% | Building Size | 6,600 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1930 |
| Zoning | R6B | ||
| Price | $2,600,000 |
| Price Per Unit | $433,333 |
| Sale Type | Investment |
| Cap Rate | 7.99% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 6,600 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1930 |
| Zoning | R6B |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Heating
- Hardwood Floors
- High Speed Internet Access
- Yard
- Garden
Site Amenities
- 24 Hour Access
1 1
Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (85)
Property Taxes
| Parcel Number | 03449-0043 | Improvements Assessment | $155,094 |
| Land Assessment | $2,098 | Total Assessment | $157,192 |
Property Taxes
Parcel Number
03449-0043
Land Assessment
$2,098
Improvements Assessment
$155,094
Total Assessment
$157,192
Contacts
-
DJ Johnston -
Evan Kashanian -
David Caba -
Robert Moore -
Matthews Real Estate Investment Services
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1673 Woodbine St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.