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16-83 Woodbine Street Ridgewood, NY $ 3,000,000
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16-83 Woodbine Street
$ 3,000,000
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16-83 Woodbine Street

Ridgewood, NY, 11385
$ 3,000,000
Bedrooms12 Baths4.5 Sq 2,400

Monthly Estimate*

$ 18,716

16-83 Woodbine Street, Ridgewood, NY 11385 - Image 1
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16-83 Woodbine Street, Ridgewood, NY 11385 - Image 14

Commercial Property for sale in Ridgewood, NY

for $3,000,000 with 12 bedrooms and 4 full baths, 5 half baths. This 2,400 square foot building was built in 1931 on a lot size of 0.055096.

This meticulously renovated mixed-use building, completed in 2023, boasts NINE FREE MARKET UNITS, comprising FOUR RESIDENTIAL and FIVE COMMERCIAL UNITS. It stands as a lucrative income generator, with gross annual income increasing to $278,544/yr starting October 2024 (for detailed breakdown, refer to our Excel sheet or digital brochure). The residential units feature spacious 3 boxed bedroom layouts with one full bathroom each. Situated in zone R6B-C24, the property is NOT SUBJECT TO RENT CONTROL OR RENT STABILIZATION REGULATIONS. Nestled in the heart of Ridgewood, conveniently positioned between the L and M train lines, residents enjoy unparalleled access to amenities, public transportation, and thriving commercial hubs. Ridgewood's allure as an exceptional city underscores the promising investment potential of this property., Additional information: Interior Features:Lr/Dr

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Commercial Pending

Price

$ 3,000,000

Bedrooms

12

Full Bath

4

Half Bath

5

Property Type

Commercial

Taxes

$ 31,753

Style

Lot Size

0.055096

Year Built

1931

Town/City

Ridgewood

County/Region

Queens

MLS | Web ID

L3548046
Features
Interior
Interior Amenities Eat-in Kitchen Entrance Foyer Ceiling Fan(s)
Basement Walk-Out Access Partial
Total Fireplaces 0
Common Walls 1 Common Wall
Basement Features Walk-Out Access Partial
Basement (Y/N) N
Half Baths 5
Total Bedrooms 12
Total Baths 9
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General
Sewer Public Sewer
Heating Natural Gas Hot Water
Cooling Wall/Window Unit(s)
Appliances Freezer Refrigerator Gas Water Heater
Architectural Style Other
Construction Materials Brick
Year Built 1931
Property Subtype Multi Family
Parcel Number 03449-0034
County Queens
Insurance Expense 7400
Property Type Commercial Sale
Association Amenities Park
HOA N
Total Rooms 54
Full Baths 4
Directions Use GPS
High School Grover Cleveland High School
City New York
Senior Community Y/N N
High School District Queens24
Number Of Units Total 9
Elementary School Ps 81 Jean Paul Richter
Property Attached Y/N Y
Tax Annual Amount 31753
Showing Instructions Under Contract. No showings available
Middle/Junior High School Is 77
Water Sewer Expense 11000
Standard Status Pending
Tax Lot 34
Year Built Effective 2023
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Exterior
Exterior Amenities Mailbox
Parking Features On Street On Street
Water Source Public
Spa N
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* Excluded Features
List By
Mustapha Kaddour

Listing Agent

Exp Realty

Broker

888-276-0630

Contact

Affordability Calculator

$21,362
Per Month
88%
12%
0%
Monthly Principal & Interest
$18,716
Monthly Property Taxes
$2,646
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
4892091 Elementary School
4892397 Middle School
Grover Cleveland High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/2/2024$3,000,000 Listed Price

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16-83 Woodbine Street, Ridgewood, NY, 11385 is a Commercial Property for sale at $3,000,000 with 2,400 sqft and a lot size of 0.055096. 16-83 Woodbine Street has 12 bedrooms, 4.5 baths, and was built in 1931. The property's zip code is 11385 which is in Ridgewood, NY

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