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16-92 Grove Street Ridgewood, NY $ 1,998,000
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$ 1,998,000 Get more info
16-92 Grove Street
$ 1,998,000
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16-92 Grove Street

Ridgewood, NY, 11385
$ 1,998,000
Bedrooms6 Baths2.0 Sq 2,000

Monthly Estimate*

$ 13,957

16-92 Grove Street, Ridgewood, NY 11385 - Image 1
16-92 Grove Street, Ridgewood, NY 11385 - Image 2
16-92 Grove Street, Ridgewood, NY 11385 - Image 3
16-92 Grove Street, Ridgewood, NY 11385 - Image 4
16-92 Grove Street, Ridgewood, NY 11385 - Image 5
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16-92 Grove Street, Ridgewood, NY 11385 - Image 7
16-92 Grove Street, Ridgewood, NY 11385 - Image 8
16-92 Grove Street, Ridgewood, NY 11385 - Image 9
16-92 Grove Street, Ridgewood, NY 11385 - Image 10

Multi-Family Home for sale in Ridgewood, NY

for $1,998,000 with 6 bedrooms and 2 full baths. This 2,000 square foot home was built in 1915 on a lot size of 0.05.

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!

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Multi-Family Active

Price

$ 1,998,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,414

Style

Two Story

Lot Size

0.05

Year Built

1915

Town/City

Ridgewood

County/Region

Queens

MLS | Web ID

3536723
Features
Interior
Basement See Remarks
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General
Architectural Style Two Story
High School Grover Cleveland High School
High School District Queens 24
Elementary School Ps 81 Jean Paul Richter
Middle/Junior High School Is 77
Middle/Junior School District Queens 24
Elementary School District Queens 24
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* Excluded Features
List By
Fei Guo

Listing Agent

Skylux Realty Inc

Broker

fei@skyluxny.com

Email

Affordability Calculator

$14,491
Per Month
96%
4%
0%
Monthly Principal & Interest
$13,957
Monthly Property Taxes
$535
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
4098981 Elementary School
4098700 Middle School
Grover Cleveland High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/10/2024$1,998,000 Listed Price

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16-92 Grove Street, Ridgewood, NY, 11385 is a Multi-Family Home for sale at $1,998,000 with 2,000 sqft and a lot size of 0.05. 16-92 Grove Street has 6 bedrooms, 2.0 baths, and was built in 1915. The property's zip code is 11385 which is in Ridgewood, NY

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