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
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Agency Name: EXP Realty
Agency Contact: 888-276-0630
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Agency Title: Laffey Real Estate
Agency Phone: 1-888-289-6902
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16-83 Woodbine Street | MLS# L3548046
This commercial property located at 16-83 Woodbine Street, Ridgewood, NY 11385 is currently listed for sale with an asking price of $3,000,000. 16-83 Woodbine Street is located within the Queens24 school district. Search Ridgewood real estate on www.laffey.com today.