5368 Metropolitan Ave - Multi-Family FOR SALE


Ridgewood, NY 11385
$1,998,000 USD
347-927-6829
5368 Metropolitan Ave, Ridgewood, NY for Sale
$1,998,000 USD
Multi-Family - FOR SALE
1/33
null | 6.25% Cap Rate

5368 Metropolitan Ave
Ridgewood, NY 11385


HIGHLIGHTS

  • Three-family brick house with a full finished basement on a HUGE LOT 85'×104'
  • R6B zoning with a commercial overlay C2-4
  • Seven parking spaces and a three-car garage

OVERVIEW

I'm excited to offer a legal three-family brick house with a full finished basement on a HUGE LOT 85'×104' with seven parking spaces and a three-car garage. R6B zoning with a commercial overlay C2-4 makes this site a great development opportunity, allowing you to do a mixed-use conversion (please verify it independently). It's an excellent investment for a business owner or a contractor!

FOR SALE DETAILS

PRICE

$1,998,000 USD

PRICE/SF

$892 USD /SF

# OF UNITS

3

PRICE/UNIT

$666,000

CAP RATE

6.25%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Three-family on 85'x100' lot; C2-4 R6B zoning

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R6B, C2-4

APN/PARCEL ID

03361-0025

ASK ABOUT THIS PROPERTY

Peter NowikTrademarko Realty IncMore Info
347-927-6829

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Peter NowikTrademarko Realty IncMore Info
347-927-6829

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