1&5 Ridgewood Place Brooklyn, NY $ 3,375,000
1&5 Ridgewood Place
$ 3,375,000
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1&5 Ridgewood Place

Brooklyn, NY, 11237
$ 3,375,000
Baths0.0

Monthly Estimate*

$ 23,575

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Studio

Commercial Property for sale in Brooklyn, NY

for $3,375,000.

Remarkably Low Taxes: $126.40 for the 2022/2023 tax year at 1 Ridgewood Place $232.96 for 2022/2023 tax year at 5 Ridgewood Place. Finished Basement: With a separate entrance, enhancing the property's appeal. Renovated Apartments: 70% of the apartments have been renovated, leading to reduced real estate taxes. Zoning: R6, C2-3 zoning, enabling a variety of residential and commercial uses. Location Highlights: Bushwick: A vibrant neighborhood known for its street art, local shops, and diverse cuisine. Proximity: Close to major transportation and 3 shopping centers within a 2.4-mile radius. "Exceptional Investment Opportunity: 12 Rent-Stabilized Units in Ideal Combination". Seize this opportunity to invest in the thriving Brooklyn real estate market. High rental income and long-term appreciation potential await. Act now and be part of this exciting venture!

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Commercial Active

Price

$ 3,375,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 126

Style

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

3509869

Features
General
Standard Status Active
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* Excluded Features
List By
Farah Samia Mosquera

Listing Agent

Prime Realty

Broker

sfarah@myprimerealtor.com

Email

Affordability Calculator

$23,586
Per Month
100%
0%
0%
Monthly Principal & Interest
$23,575
Monthly Property Taxes
$11
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/13/2024$3,375,000 -10.10% Price Down
11/1/2023$3,754,000 -7.54% Price Down
10/11/2023$4,060,000 Listed Price

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1&5 Ridgewood Place, Brooklyn, NY, 11237 is a Commercial Property for sale at $3,375,000. 1&5 Ridgewood Place is a studio with 0.0 baths. The property's zip code is 11237 which is in Brooklyn, NY