NY > Ridgewood
Ridgewood, NY 11385,16-92 Grove ST
Ridgewood, NY 11385,16-92 Grove ST
Ridgewood, NY 11385,16-92 Grove ST
7
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$1,980,000
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6 BD
3 BA
3,980 SqFt
Active

16-92 Grove ST Ridgewood, NY 11385

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Kadiatou Balde

Kadiatou Balde

+1(646) 726-7948

UPDATED:

11/22/2024 07:44 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,980 sqft

Price per Sqft $497

MLS Listing ID KEYL3582428

Bedrooms 6

Full Baths 3

Originating Board onekey2

Rental Info No

Year Built 1915

Annual Tax Amount $6,426

Lot Dimensions 20x100

Property Description

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!

Location

State NY

County Queens

Rooms

Basement See Remarks

Interior

Heating Natural Gas, Other

Cooling None

Fireplace No

Appliance Gas Water Heater

Exterior

Parking Features Private, Attached

Amenities Available Park

Total Parking Spaces 2

Private Pool No

Building

Lot Description Near Public Transit, Near School, Near Shops

Sewer Public Sewer

Water Public

Level or Stories Multi/Split, Two

Structure Type Brick

New Construction No

Schools

Elementary Schools Ps 81 Jean Paul Richter

Middle Schools Is 77

High Schools Grover Cleveland High School

School District Queens24

Others

Senior Community No

Special Listing Condition None

Listed by Skylux Realty Inc

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Kadiatou Balde

Agent | License ID: 10401287620

+1(646) 726-7948

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16-92 Grove ST