Description

Newly developed 9-unit elevator building with tax abatement. Built on a 42 Ft wide lot with 100 ft depth with a building dimension of 42 x 49.6 yielding almost 2093 SQFT on each floor. Consisting of six 2 bedrooms and three 1 bedrooms.  Each unit comes with its own private outdoor space. Gross monthly income is around 30K.Stately built brick building located in the desirable neighborhood of Ridgewood. This beautifully designed residence offers a perfect blend of comfort, style, and functionality. With an array of impressive features and a prime location, this building is sure to captivate your heart and bring very desirable cap rates. As you step inside, you will be greeted by a spacious, inviting interior with a warm and welcoming ambiance. All units features spacious living rooms, tall ceiling, floor to floor-to-ceiling windows which boast extra sun lights. Every unit provides ample space for all the needs one can ask for. The interior of this home is adorned with a mixture of tiles and hardwood floors with stainless steel appliances and outdoor spaces adding a touch of elegance to every room. The open-concept living room plans allows for seamless flow and natural light to fill the space, creating a bright and airy atmosphere. Venture outside, and you will discover a lovely shared backyard oasis with access to all the units, perfect for relaxation and entertaining. The spacious green backyard provide a picturesque setting for outdoor gatherings or barbecues, For extra entertainment building also provides shared roof deck with beautiful direct views of the Manhattan skyline. Situated in the sought-after neighborhood of Ridgewood bordering with Bushwick this building offers an enviable location. Myrtle Wyckoff Ave Subway stops are just a few blocks away, ensuring convenient access to Manhattan. Also very close to the busy retail strip of Myrtle Ave, and tons of restaurants including (Michelin star Rolo) and a tone of cafes and bars With its remarkable features, prime location, and impeccable design, this building presents an incredible investment opportunity for those seeking a piece of real estate with outstanding returns with very low expenses.  ...
More >