Properties For Sale or Rent
Check out our newly listed properties for sale or rent in your area by using our search tools.
Property Description
High-Income Investment Opportunity in Ridgewood
Strong Income Potential
This well-maintained 11-unit building generates a gross annual income of $184,000, with a net operating income (NOI) of $135,000, ensuring solid returns for investors.
A consistently occupied property with a reliable rent roll, offering low vacancy rates and steady cash flow.
Prime Ridgewood Location!
Located in a highly sought-after neighborhood, this property provides easy access to public transit, shopping, dining, and community amenities, enhancing its long-term desirability.
Financial Overview:
Annual Expenses: $49,000 (including utilities, taxes, insurance, and maintenance).
Competitive Cap Rate: A strong return based on market value, making it an excellent long-term investment.
Turn-Key Investment with Upside Potential
This property is a perfect addition to any real estate portfolio, offering consistent cash flow, minimal vacancies, and future appreciation potential. Whether you’re an experienced investor or looking to acquire a high-performing asset, this opportunity is not to be missed!
?? Call today to schedule a viewing or request more details!
Features
- Heating System:
- Natural Gas
- Cooling System:
- No
- Basement:
- Full
- Fence:
- Fenced
- Community Features:
- Near Public Transportation
- Fireplaces Total:
- 0
- Garage Spaces:
- 3
- Interior Features:
- Eat-in Kitchen, Formal Dining Room, Cathedral Ceiling(s)
- Parking Features:
- Driveway, Garage, Attached, Private, 1 Car Attached, Detached, 2 Car Detached
- Pet Allowed:
- Call
- Sewer:
- Public Sewer
- Utilities:
- Natural Gas Connected, Electricity Connected
Address Map
- City:
- NY
- State:
- NY
- County:
- Queens
- Directions:
- google map
Property and Construction
- Architectural Style:
- Split Level
- Association Fee Includes:
- Water
- Construction Materials:
- Frame, Aluminum Siding
- Development Status:
- Brick
- Elementary School:
- Barnum Woods School
- High School:
- East Meadow High School
- Lease Term:
- 12 Months
- Levels:
- Three Or More
- Agent MlsId:
- 212326
- Office MlsId:
- KLRW01
- MiddleOrJunior School:
- Woodland Middle School
- New Construction:
- 1
- Number Of Units:
- 11
- Property Condition:
- Diamond
- Rent Includes:
- Water, Gardener
- Senior Community:
- 1
- Special Listing Conditions:
- Real Estate Owned
- Tax Annual Amount:
- $32,681
- Water Source:
- Public
- PhotosCount:
- 7
Commercial Sale For Sale
5924 Putnam Ave, New York, NY
4,578.54 Acre
$2,100,000
Listing ID #827514
Basic Details
- Property Type :
- Commercial Sale
- Property SubType :
- Multi Family
- Listing ID :
- 827514
- Price :
- $2,100,000
- Bathrooms Total :
- 0
- Building Area :
- 5,300 Sqft
- Lot Area :
- 4,578.54 Acre
- Year Built :
- 1931
- Status :
- Active
- Status :
- Active
- Listing Office :
- Keller Williams Landmark II
- Listing Agent :
- Lotfi Chortani
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
