New ListingExcellent investment opportunity in the heart of Glendale. This well maintained 16 Family brick building offers a strong income producing opportunity $152.000 net Income. The property features a solid brick constriction 16 residential units and desirable Glendale location close to shopping, restaurants, school, parks and public transportation. A great opportunity for investors seeking a stable multifamily property with attractive income potential and long term upside.Prime Queens location and solid brick construction make this property an excellent addition to invest portfolio.
| MLS # | 1046179 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1929 |
| Days On Site | 1 |
| Listing Provided By | Dom Realty of NY Inc | Rafael Normatov |
| SQ Feet | 9,840 |
|---|---|
| Basement | Y |
| Story(s) | 4 |
| Units | 16 |
| Zoning | R5D |
| Acreage | 0.09 |
| Cooling | Separate Meters |
|---|---|
| Heating | Radiant |
| Construction Materials | Brick |
|---|
| Parking Features | On Street |
|---|
| Utilities | Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Trash Collection Private, Trash Collection Public, Water Available, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 569250 |
| Tax Annual Amount | 63483.52 |
| State | NY |
|---|---|
| County | Queens |
| City | Ridgewood |
| Zip Code | 11385 |
| Listing VS Median (in 11385) | |
Price: $2,700,000 low | high Med: $1,143,944 sqft: 9,840 low | high Med: 1,921 $ / sqft: $274 low | high Med: $599 On site: 1 low | high Med: 243.5 | |
| State | NY |
|---|---|
| County | Queens |
| City | Ridgewood |
| Zip Code | 11385 |
| Listing VS Median (in 11385) | |
Price: $2,700,000 low | high Med: $1,143,944 sqft: 9,840 low | high Med: 1,921 $ / sqft: $274 low | high Med: $599 On site: 1 low | high Med: 243.5 | |