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$ 3,150,000
Est. payment | /mo
8 Beds
5 Baths
4,410 SqFt
$ 3,150,000
Est. payment | /mo
8 Beds
5 Baths
4,410 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,410 sqft
Price per Sqft $714
MLS Listing ID 11514500
Bedrooms 8
Full Baths 4
Half Baths 2
Year Built 1931
Annual Tax Amount $22,223
Lot Size 2,932 Sqft
Property Description
Prime corner building on the busiest block in Ridgewood with coveted tax class 2A Two stores and two apartments Double sidewalk frontage: 47 feet on Myrtle Avenue, 62 feet on Norman Street Total of 109 feet of wraparound visibility Fully gut-renovated in 2018 Three-story mixed-use building totaling approx. 4,398 SF Two spacious residential units: each with 4 bedrooms and 2 bathrooms Ground-floor tenants: established coffee shop and an established regional dessert franchise High foot traffic ensures consistent retail activity Retail leases include 50% real estate tax over base year + 3% annual increases Annual gross income of approximately $259K. Turnkey, easy-to-manage asset in Ridgewood's most desirable location.
Location
State NY
County 36081
Rooms
Basement Full
Dining Room 0
Kitchen 0
Building
Story 3
Structure Type Masonry - Brick
Nearby Locations
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Wally Kerr
Broker License ID: 83230