- – beds
- – baths
- – sqft
- 1930 build
- – on site
This property in Ridgewood is a remarkable investment opportunity! Here’s a streamlined summary of the key features: Location: Prime Ridgewood area, vibrant and bustling, ideal for both commercial and residential use. Property Overview: First Floor: Pharmacy, providing a steady income stream. Second Floor: Newly renovated three-bedroom, one-bathroom unit, currently vacant and ready for new tenants. Third Floor: Three-bedroom, one-bathroom unit (excellent tenant),ensuring consistent rental income. Basement: Separate entrance with flexible usage, currently vacant. Utilities: The property has 3 electricity meters and 3 gas meters, along with a new boiler and new roof, minimizing future maintenance costs. Income Potential: Overall rental income can reach up to $120,000 annually, translating to approximately $10,000/month. Return on Investment: Impressive annual return rate of over 7%. Transportation: Convenient access with Bus B20 and a subway station just a 6-minute walk away, providing direct connections to Manhattan and Brooklyn. Nearby Amenities: Close proximity to supermarkets, banks, restaurants, and other shopping conveniences. This combination of commercial viability and residential appeal, along with its strategic location, makes this property a strong candidate for investment.
Last checked:
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Last updated Jun 23, 2025
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MLS# 880906 —
The Building
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Year Built:1930
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Basement:true
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Construction Materials:Brick
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# of Total Units:2
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Building Area Units:Square Feet
Interior
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Interior Features:Entrance Foyer, High Ceilings
The Property
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Property Type:Residential Income
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Property Subtype:Duplex
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Property Attached:false
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (347) 399-8556
- Office phone:
- (718) 666-6066
Taxes
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Tax Year:2024
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Tax Source:Other
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Tax Annual Amount:7082
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Baseboard
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Cooling:Air Purification System
Utilities
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Sewer:Public Sewer
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Utilities:Electricity Available, Natural Gas Available
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Water Source:Public
The Community
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Senior Community:false
Parking
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Garage:false
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Carport:true
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Carport Spaces:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/23/25
Jun 23, 2025
|
Listed / Active | ONEKEY | $1,600,000 |