Property Overview: Rebuilt in 2021, this meticulously renovated multifamily property features six modern apartments within a 27.5’ x 68’ building footprint. The property achieved a new Certificate of Occupancy and DHCR Order confirming exemption from Rent Stabilization Code, offering investors significant income potential. Key Investment Highlights: • Five fully deregulated units with market-rate rents • One rent-regulated unit (2L) with substantial upside upon vacancy • Pristine building conditions with zero HPD & zero DOB violations • All permits closed with complete signoffs • New Certificate of Occupancy featuring legal duplexes • DHCR Substantial Rehabilitation Order in place Prime Ridgewood Locations: Situated just 0.25 miles from the Myrtle-Wyckoff Avs subway station (L, M trains), offering convenient access to Bushwick, Williamsburg, East and West Village, Midtown Manhattan Market Timing Opportunity: While stock market valuations have increased by 30-50% over the past two years, multifamily prices have temporarily softened due to the current interest rate environment. This presents an exceptional entry point for investors seeking a turnkey asset in an ascending neighborhood. This institutional-quality property combines the security of a fully renovated building with the potential for continued rent growth in one of Queens’ most dynamic neighborhoods. The clean regulatory status and thorough renovation create an optimal foundation for long-term appreciation and stable returns.