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18-12 Menahan Street

Ridgewood, NY 11385
  • $3,500,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 3399505
UPDATED: 59 min ago
$3,500,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

Description

Take advantage of this Great Investment Opportunity. Well-maintained free-standing brick building with 16 rental units located in prime, desirable Ridgewood with a full-basement. Three units are newly renovated and will be vacant on title. Total rental income = $316,061, legal rent = $349,668. Walk to bustling Seneca Ave around the corner which delivers shopping, restaurants, transportation, etc. to Manhattan plus more. Easy to show with 24 hours notice.

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© 2022 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2022-06-29T15:18:13.597.
www.nicoleburkehomes.com/homes/128702912
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18-12 Menahan Street Ridgewood, NY 11385

  • Price: $3,500,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 59 min ago
  • MLS #: 3399505
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1920
Built
Neighborhood:
Queens
County:
Queens
Area:
Queens
Property Description
Take advantage of this Great Investment Opportunity. Well-maintained free-standing brick building with 16 rental units located in prime, desirable Ridgewood with a full-basement. Three units are newly renovated and will be vacant on title. Total rental income = $316,061, legal rent = $349,668. Walk to bustling Seneca Ave around the corner which delivers shopping, restaurants, transportation, etc. to Manhattan plus more. Easy to show with 24 hours notice.
Exterior Features

Business Parking Spaces 0 Lot Size Dimensions 40X100

Property Features

Gross Income 316061.00 Net Operating Income 164057.00 Operating Expense 140982.00 Property Sub Type Mixed Use Property Type Commercial Sale Tax Annual Amount 86982.00 Tax Block 3438 Zoning Description R6b

Listing courtesy of Sonia Juran Kulesza of Werba Realty Llc.
© 2022 OneKey MLS. All rights reserved.


© 2022 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2022-06-29T15:18:13.597.
 
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Nicole Burke, MBA | Charles Rutenberg Realty
255 Executive Drive, Suite 208
Plainview NY, 11803