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932 Seneca Ave
Ridgewood, NY 11385
Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 5,400 SF |
| Property Subtype | Apartment | Average Occupancy | 83% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1931/2016 |
| Zoning | C4-3A | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,400 SF |
| Average Occupancy | 83% |
| No. Stories | 3 |
| Year Built/Renovated | 1931/2016 |
| Zoning | C4-3A |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Washer/Dryer
- Basement
- Garden
ABOUT 932 SENECA AVE , RIDGEWOOD, NY 11385
With the potential to produce a gross annual income of $218,400.00, this three-story building in prime Ridgewood currently has three fully renovated three-bed, two bath apartments and three two-bed, one bath apartments. The units can be converted to two duplexed four-bedroom apartments on the first floor and the two two-bed apartments on the upper floors can be converted to three-bed apartments. At 5,400 SF, the building measures 27’ x 68’ and sits on a 2,700 SF lot measuring 27’ x 100.’ The building is just a 5-minute walk to the M train at Seneca Avenue and a 7-minute walk to the L train at Halsey Street and is located just off Myrtle Avenue which offers plenty of conveniences to residents, such as shopping, banking, grocery stores, pharmacies, salons, etc. This is a great opportunity to purchase a building in mint condition ready to be rented or renovate to maximize earning potential in the highly up-and-coming neighborhood of Ridgewood, just next door to thriving Bushwick.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 3 | - | - |
| 2+1 | 3 | - | - |
PROPERTY TAXES
| Parcel Number | 03561-0032 | Improvements Assessment | $130,198 |
| Land Assessment | $1,947 | Total Assessment | $132,145 |
PROPERTY TAXES
