This three-story corner mixed-use building in prime Ridgewood consists of one store, three apartments, and a garage. Two apartments have three bedrooms and two bathrooms, and the other has one bedroom and one bathroom. All units are renovated with stainless steel appliances, including a dishwasher, and each has an in-unit washer and dryer. The vacant store is approximately 1,000 SF with about 18 FT of frontage and sits on a street that has excellent foot traffic. At 3,000 SF, the building measures 20' x 50' and sits on a 1,818 SF lot measuring 20' x 90.92.' It has the potential to produce a gross annual income of approximately $145,200.00 and has a 7.4 % potential cap rate. The building is located near Myrtle Avenue with lots of shopping and other conveniences and is just three blocks from the L and M trains at the Myrtle/Wyckoff station, 5 blocks from the M train at the Seneca Avenue station, and steps from multiple bus lines.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
