New Listing
74-36 64th, Glendale
$2,000,000
MLS® # 3551456
Status: Active![Hudson Gateway MLS Logo]()
16-92 Grove Street, Ridgewood
$1,998,000
0 Beds
0 Baths
.05 Acres
0 Garages
Welcome to a prime investment opportunity in Ridgewood! This property features two residential units and a commercial storefront housing a laundromat, generating a total monthly income of $9,500. Each residential unit offers three bedrooms and one bathroom, with the added convenience of two car garages. Spacious building size 20X62 with low property taxes of just $6,414 per year and tenants responsible for all utilities, the return on investment stands at an impressive 5.6%. Situated in a highly accessible location with easy transportation access, this property presents a rare chance for investors to secure steady returns in a thriving area. Don't miss out on this great opportunity!
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Essential Information
MLS® #3536722
Price$1,998,000
Bathrooms0.00
Acres0.05
Year Built1915
TypeCommercial Sale
Sub-TypeMixed Use
StatusActive
Community Information
Address16-92 Grove Street
CityRidgewood
CountyQueens
StateNY
Zip Code11385
Additional Information
Date ListedMarch 9th, 2024
Days on Market67
ZoningR6B
Listing Details
Listing Courtesy ofSkylux Realty Inc
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Listing information last updated on May 15th, 2024 at 12:50am CDT.
