Price Reduced 16.87%

$3,375,000

Est. Mortgage $17,737/mo *

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Price History

$4,060,000
10/11/2023

$3,754,000
10/31/2023

$3,375,000
4/13/2024

1&5 Ridgewood Place, Brooklyn, NY, 11237

1&5 Ridgewood Place, Brooklyn, NY, 11237
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Remarkably Low Taxes: $126.40 for the 2022/2023 tax year at 1 Ridgewood Place $232.96 for 2022/2023 tax year at 5 Ridgewood Place. Finished Basement: With a separate entrance, enhancing the property's appeal. Renovated Apartments: 70% of the apartments have been renovated, leading to reduced real estate taxes. Zoning: R6, C2-3 zoning, enabling a variety of residential and commercial uses. Location Highlights: Bushwick: A vibrant neighborhood known for its street art, local shops, and diverse cuisine. Proximity: Close to major transportation and 3 shopping centers within a 2.4-mile radius. "Exceptional Investment Opportunity: 12 Rent-Stabilized Units in Ideal Combination". Seize this opportunity to invest in the thriving Brooklyn real estate market. High rental income and long-term appreciation potential await. Act now and be part of this exciting venture!

Status:

Active

Type:

Commercial

Units:

12

Zoning:

R6, C2-3

Heating:

Natural Gas

Est. Taxes:

$126

MLS #:

3509869

Community Info

School Info

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Listing courtesy of Prime Realty 718-229-2922