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63-10 Forest Ave
Ridgewood, NY 11385

Residential Property For Sale · 6 Units

Investment Highlights

  • Six-family with two vacant apartments in the heart of Ridgewood.

Executive Summary

I'm happy to offer a legal six-family brick house with TWO VACANT apartments. Excellent location! Seven blocks to Forest Ave M-train station towards Metropolitan Ave. Close to many stores, restaurants, bars, and cafes.

PROPERTY FACTS

Price Per Unit £196,925
Sale Type Investment
Net Initial Yield 6.04%
No. Units 6
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.06 AC
Building Size 5,575 SF
Number of Floors 3
Year Built 1920

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 6 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03372-0044
Land Assessment
£8,335
Improvements Assessment
£104,057
Total Assessment
£112,392

zoning

Zoning Code R5B (A low-density residential zoning district in New York City that allows for a variety of residential buildings, including multifamily buildings.)
R5B (A low-density residential zoning district in New York City that allows for a variety of residential buildings, including multifamily buildings.)
  • Listing ID: 29722658

  • Date on Market: 06/10/2023

  • Last Updated:

  • Address: 63-10 Forest Ave, Ridgewood, NY 11385

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