16-83 Woodbine Street, Ridgewood, NY

$3,000,000

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12

Beds

9

Baths

About 16-83 Woodbine Street

This meticulously renovated mixed-use building, completed in 2023, boasts NINE FREE MARKET UNITS, comprising FOUR RESIDENTIAL and FIVE COMMERCIAL UNITS. It stands as a lucrative income generator, with gross annual income increasing to $278,544/yr starting October 2024 (for detailed breakdown, refer to our Excel sheet or digital brochure). The residential units feature spacious 3 boxed bedroom layouts with one full bathroom each. Situated in zone R6B-C24, the property is NOT SUBJECT TO RENT CONTROL OR RENT STABILIZATION REGULATIONS. Nestled in the heart of Ridgewood, conveniently positioned between the L and M train lines, residents enjoy unparalleled access to amenities, public transportation, and thriving commercial hubs. Ridgewood's allure as an exceptional city underscores the promising investment potential of this property., Additional information: Interior Features:Lr/Dr

Features of 16-83 Woodbine Street

MLS® # L3548046
Price $3,000,000
Bedrooms 12
Bathrooms 9.00
Full Baths 4
Half Baths 5
Acres 0.00
Year Built 1931
Type Commercial
Sub-Type Multi Family
Style Other
Status Pending

Community Information

Address 16-83 Woodbine Street
City Ridgewood
County Queens
State NY
Zip Code 11385

Additional Information

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Amenities

Amenities Park
Parking On Street
Is Waterfront No
Has Pool No

Interior

Interior Features Eat-in Kitchen, Entrance Foyer, Ceiling Fan(s)
Appliances Freezer, Refrigerator, Gas Water Heater
Heating Natural Gas, Hot Water
Cooling Wall/Window Unit(s)
Fireplace No

Exterior

Exterior Features Mailbox
Lot Description Corner Lot, Near Public Transit, Near School, Near Shops
Construction Brick

School Information

District Queens24
Elementary Ps 81 Jean Paul Richter
Middle Is 77
High Grover Cleveland High School

Additional Information

Short Sale No
RE / Bank Owned No
Taxes (total) $31,753

Listing Details

OfficeEXP Realty
Office Contact888-276-0630

Listing Map

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