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446 Grandview Ave
Ridgewood, NY 11385
Multifamily Property For Sale · 6 Units

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.04 AC
Building Size 3,648 SF
Average Occupancy 67%
No. Stories 3
Year Built/Renovated 1919/2010
Zoning R6B

AMENITIES

UNIT AMENITIES

  • Eat-in Kitchen
  • Hardwood Floors
  • Yard
  • Basement
  • Skylights
  • Smoke Free

ABOUT 446 GRANDVIEW AVE , RIDGEWOOD, NY 11385

Corner Building Mix Use For Sale In Prime Ridgewood - Glendale Location. 5 - 2 Bedrooms Apartment. 1- Commercial Space/Retail. Corner Building. Construction-Brick. Full Basement. 2 Apartments Vacant. New Electric Panels. Lot Size : 19X100 Building Size :19X64 Heat : Gas/Steam Retail Sq Ft : 730 Income: Retail Space : $ 1,500/Month No Lease Apt 3F: $ 1,603.44 /No Lease Apt 3R :$ 1669.25/No Lease Apt 2R: Vacant -Projected Rent $ 2,000 Apt 2F: Vacant -Projected Rent $ 2,000 Apt 1R: $ 1,650/No Lease Projected Gross Income: $ 125,072.28 Expenses: Property Taxes: $ 12,063 Insurance : $3,556/Year Electric Common Area : $ 750/Year Heat : $ 4,150/Year Water & Sewer :$ 4,300/Year Total Expenses: $ 24,819/Year Net Projected Income:$ 100,253.28 Cap Rate : 5.6%

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 6 - 730

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03379-0048
Land Assessment
$11,898
Improvements Assessment
$132,693
Total Assessment
$144,591
  • Listing ID: 15283211

  • Date on Market: 2/26/2019

  • Last Updated:

  • Address: 446 Grandview Ave, Ridgewood, NY 11385

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