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1673 Woodbine St
Ridgewood, NY 11385
Multifamily Property For Sale
·
6 Units
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 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 |
| Apartment Style | Low-Rise | ||
| Zoning | R6B | ||
| 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
Property Taxes
| Parcel Number | 03449-0043 | Improvements Assessment | $155,268 |
| Land Assessment | $1,928 | Total Assessment | $157,196 |
Property Taxes
Parcel Number
03449-0043
Land Assessment
$1,928
Improvements Assessment
$155,268
Total Assessment
$157,196
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