1676 Jefferson Ave - Apartments FOR SALE


Ridgewood, NY 11385
$2,500,000 USD
718-360-8801
1676 Jefferson Ave, Ridgewood, NY for Sale
$2,500,000 USD
Apartments - FOR SALE
1/19
null | 6.1% Cap Rate

1676 Jefferson Ave
Ridgewood, NY 11385


OVERVIEW

Investment Property Realty Group (IPRG) has been exclusively retained to sell 16-76 Jefferson Avenue. The subject property is located between Wyckoff Avenue and Cypress Avenue in Ridgewood, Queens. The property offers four, gut-renovated apartments. All of the apartments are free market. Units 1R and 1L are duplexed. There are thirteen bedrooms, 11 bathrooms, laundry facilities, and an indoor gym available for all tenants. The high-end renovation gives the building a very modern feel. The property is built 25 ft x 56 ft, offering approximately 2,800 square feet. 16-76 Jefferson Avenue sits on a 25 ft x 100 ft lot. The property is located within walking distance to the MTA's L & M Subway Lines.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$893 USD /SF

# OF UNITS

4

PRICE/UNIT

$625,000

CAP RATE

6.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,500 SF

ZONING

R5B

APN/PARCEL ID

03548-0051

ASK ABOUT THIS PROPERTY

Derek BestreichInvestment Property Realty GroupMore Info
718-360-8801

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Derek BestreichInvestment Property Realty GroupMore Info
718-360-8801

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.