576 Ridgewood Avenue Brooklyn, NY $ 2,300,000
576 Ridgewood Avenue
$ 2,300,000
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576 Ridgewood Avenue

Brooklyn, NY, 11208
$ 2,300,000
Baths0.0 Sq 1,640

Monthly Estimate*

$ 16,066

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Studio

Commercial Property for sale in Brooklyn, NY

for $2,300,000. This 1,640 square foot building was built in 1920 on a lot size of 0.04.

Turn-Key Mixed-Use Property in this upcoming neighborhood of Cypress Hill, Brooklyn. This property consists in a store front of about 600 SQFT on the first floor, 3-bedroom apartment on the second floor and 2-1-bedroom apartments on the third floor. This property also includes 3 car attached garages and a full basement. Latest capital improvements are new roof, sprinkler system, new electrical wiring, and new plumbing through out the building, each apartment has its own Navien tankless water heater-wall mounted and new heating radiator. Pro-Forma NOI $137,000, CAP 6%

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Commercial Active

Price

$ 2,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,750

Style

Lot Size

0.04

Year Built

1920

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

3540337

List By
James Chung

Listing Agent

Keller Williams Rlty Landmark

Broker

james_chung@kw.com

Email

Affordability Calculator

$16,545
Per Month
97%
3%
0%
Monthly Principal & Interest
$16,066
Monthly Property Taxes
$479
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
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2024$2,300,000 Listed Price

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576 Ridgewood Avenue, Brooklyn, NY, 11208 is a Commercial Property for sale at $2,300,000 with 1,640 sqft and a lot size of 0.04. 576 Ridgewood Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 11208 which is in Brooklyn, NY