16-92 Grove Street, Ridgewood, NY 11385 | MLS 3536723 | Listing Information | Arash Real Estate - Mohsen Zandieh | MLSLI.com - Long Island Real Estate
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Arash Real Estate
Main Office:
718-279-0300
Mohsen@arashrealestate.com
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Arash Real Estate
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Main Office:
718-279-0300
Mohsen@
arashrealestate.com
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FOR SALE
$1,998,000

16-92 Grove Street
Ridgewood, NY 11385

Multi-Family
Residential
6
Beds
2
Baths
0.05
Acre Lot
Courtesy: Skylux Realty Inc, 718-500-2231
MLSLI> New York> Ridgewood> 11385
Welcome to a prime investment opportunity in Ridgewood! This property features two residential units and a commercial storefront housing a laundromat, generating a total monthly income of $9,500. Each residential unit offers three bedrooms and one bathroom, with the added convenience of two car garages. Spacious building size 20X62 with low property taxes of just $6,414 per year and tenants responsible for all utilities, the return on investment stands at an impressive 5.6%. Situated in a highly accessible location with easy transportation access, this property presents a rare chance for investors to secure steady returns in a thriving area. Don't miss out on this great opportunity!
3536723
Residential - Multi-Family, 2 Story
6
2 Full
1915
Queens
0.05 Acres
Public
Brick
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Skylux Realty Inc, 718-500-2231
This content last refreshed on 4/27/2024 12:13 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.