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1675 Woodbine St 6 Unit Apartment Building $2,100,000 ($350,000/Unit) 7.74% Cap Rate Ridgewood, NY 11385



Investment Highlights
- 27’ wide brick 6 family with four renovated and free market units
- Protected tax class 2A
- Currently under leased, with 7-10% upside in market rents in the near term
- Download linked OM which contains current and projected rent rolls.
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 | $2,100,000 | Apartment Style | Low-Rise |
| Price Per Unit | $350,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 7.74% | Building Size | 5,600 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1930 |
| Zoning | R6B | ||
| Price | $2,100,000 |
| Price Per Unit | $350,000 |
| Sale Type | Investment |
| Cap Rate | 7.74% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,600 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1930 |
| Zoning | R6B |
Amenities
Unit Amenities
- Heating
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Tub/Shower
Site Amenities
- 24 Hour Access
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Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Property Taxes
| Parcel Number | 03449-0041 | Improvements Assessment | $155,094 |
| Land Assessment | $2,098 | Total Assessment | $157,192 |
Property Taxes
Parcel Number
03449-0041
Land Assessment
$2,098
Improvements Assessment
$155,094
Total Assessment
$157,192
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1675 Woodbine St
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