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523 Ridgewood Ave 3,000 SF Specialty Building Offered at $899,000 in Brooklyn, NY 11208
Investment Highlights
- High vehicle count.
- Heavy daytime foot traffic.
Executive Summary
Fantastic opportunity on a mixed use building in the heart of Cypress Hills. Centrally located near subway, buses and all forms of shopping. This building consists of a commercial space currently rented as a House of Worship with a full basement. Upstairs you will find a 1 bedroom apartment in the front and a generously sized 2 bedroom apartment in the rear. This bustling neighborhood is becoming an investors dream and this property offers great potential for user or investor.
Property Facts Under Contract
| Price | $899,000 | Lot Size | 0.03 AC |
| Price Per SF | $299.67 | Building Size | 3,000 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Specialty | Year Built/Renovated | 1899/2001 |
| Property Subtype | Religious Facility | Parking Ratio | 0.67/1,000 SF |
| Building Class | C | ||
| Zoning | R5 - Medium density district with a height limit of 40 feet | ||
| Price | $899,000 |
| Price Per SF | $299.67 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 0.03 AC |
| Building Size | 3,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1899/2001 |
| Parking Ratio | 0.67/1,000 SF |
| Zoning | R5 - Medium density district with a height limit of 40 feet |
Amenities
- Bus Line
- Signage
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 04121-0053 | Improvements Assessment | $23,280 |
| Land Assessment | $10,920 | Total Assessment | $34,200 |
Property Taxes
Parcel Number
04121-0053
Land Assessment
$10,920
Improvements Assessment
$23,280
Total Assessment
$34,200
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523 Ridgewood Ave
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