5921 71st Ave - Apartments FOR SALE


Ridgewood, NY 11385
$1,198,000 USD
347-927-6829
5921 71st Ave, Ridgewood, NY for Sale
$1,198,000 USD
Apartments - FOR SALE
1/31
null | 5.7% Cap Rate

5921 71st Ave
Ridgewood, NY 11385


HIGHLIGHTS

  • Income-producing, legal six-family brick house.
  • Excellent Prime Ridgewood location, in Myrtle Avenue Business Improvement District
  • It has C1-4 commercial zoning overlay.

OVERVIEW

I’m happy to present a rent-stabilized six-family brick house conveniently located in the triangle of Myrtle Ave, 71st Ave, and 60th St. Rent-stabilized. It has a C1-4 commercial zoning overlay. Excellent Prime Ridgewood location. Situated in Myrtle Avenue Business Improvement District. *Some of the photos show virtually unfurnished spaces

FOR SALE DETAILS

PRICE

$1,198,000 USD

PRICE/SF

$208 USD /SF

# OF UNITS

6

PRICE/UNIT

$199,667

CAP RATE

5.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Six-family in commercial zone C1-4 by Myrtle

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,723 SF

ZONING

R6B, C1-4

APN/PARCEL ID

03508-0033

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.