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  2. 1708 Linden Street
  • 1708 Linden Street
  • $ 1,125,000
1708 Linden Street Ridgewood Ridgewood NY 11385
1708 Linden Street Ridgewood Ridgewood NY 11385
1708 Linden Street Ridgewood Ridgewood NY 11385
1708 Linden Street Ridgewood Ridgewood NY 11385

1708 Linden Street

Ridgewood

Price Drop
Building For Sale
$ 1,125,000 [ 2.17% | $ -25,000 ]
Ownership Multi-Family
Lot Size 27'x100'
Status Active
Real Estate Taxes [Per Annum] $ 19,032
Building Size 28'x68'
Year Built 1930
ASF/ASM 5,610/521
 

Photos

1708 Linden Street Ridgewood Ridgewood NY 11385
1708 Linden Street Ridgewood Ridgewood NY 11385

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
1708 Linden Street Ridgewood Ridgewood NY 11385

Property Description

Discover this fully brick, income producing 6-unit property with a basement - utility room, storage space, and backyard, located in an Opportunity Zone with R6B zoning, an excellent investment prospect. Five of the six units are currently occupied, while one recently renovated unit is available for showings. Common areas and staircases have been recently upgraded. Each floor hosts two apartments, each featuring two bedrooms, an additional office space, and one bathroom. All six units are rent-stabilized. Gross Income: $104,496, expenses: $31,000 and Net Operating Income (NOI): $73,496 Tenants are responsible for their own cooking gas and electricity. The property is conveniently located near the M Train and B13 & B38 bus lines, ensuring easy accessibility. For details on rent roll, cap rate, and additional financial information, please contact us.
Discover this fully brick, income producing 6-unit property with a basement - utility room, storage space, and backyard, located in an Opportunity Zone with R6B zoning, an excellent investment prospect. Five of the six units are currently occupied, while one recently renovated unit is available for showings. Common areas and staircases have been recently upgraded. Each floor hosts two apartments, each featuring two bedrooms, an additional office space, and one bathroom. All six units are rent-stabilized. Gross Income: $104,496, expenses: $31,000 and Net Operating Income (NOI): $73,496 Tenants are responsible for their own cooking gas and electricity. The property is conveniently located near the M Train and B13 & B38 bus lines, ensuring easy accessibility. For details on rent roll, cap rate, and additional financial information, please contact us.

Listing Courtesy of eXp Realty BKNY

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775

Care to take a look at this property?

Apartment Features

A/C [Window Units]
Exposed Bricks
Hardwood Floors
1708 Linden Street Ridgewood Ridgewood NY 11385
1708 Linden Street Ridgewood Ridgewood NY 11385

Building Details [1708 Linden Street]

Ownership Multi-Family
Service Level Attended Lobby
Block/Lot 3452/10
Building Size 28'x68'
Zoning R6B
Year Built 1930
Floors 3
Lot Size 27'x100'

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Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 490071