17-23 Woodbine Street $5,600,000

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    17-23 Woodbine Street Ridgewood, NY 11385

    • 28 Beds
    • 24 Baths
    • 19,200 sq. ft.
    • Multi-Family
    • MLS# 3339500
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    Views: 7 Days On Site: 154

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    Property Details

    Take advantage of this great investment opportunity and win with inflation. This twenty-four units building has twenty one-bedroom apartments and four two-bedroom ones. Well-maintained condition of this real estate combined with excellent location (one block away from the M-train (Seneca) and 3 blocks away from the L-train (Myrtle-Wyckoff) guarantees that you will always have a meager vacancy rate. It produces a gross income of $377,808 annually and a net income of $291,116. Offered to you at a 5.20% capitalization rate!

    • General Features
      • Community Features Park, Near Public Transportation
      • County Or Parish Queens
      • New Construction Y/N false
      • Property Sub Type Multi Family
      • Year Built 1930
    • Building Features
      • Appliances Refrigerator
      • Attached Garage Y/N false
      • Basement Finished
      • Bathrooms Full 24
      • Bathrooms Half 0
      • Bedrooms Total 28
      • Building Area Units Square Feet
      • Construction Materials Brick
      • Cooling None
      • Cooling Y/N false
      • Fireplaces Total 0
      • Garage Spaces 0
      • Garage Y/N false
      • Heating Natural Gas, Steam
      • Number Of Units Total 24
    • Property Features
      • Lot Features Near Public Transit
      • Lot Size Acres 0.14
      • Lot Size Dimensions 59.25x100
      • Lot Size Square Feet 5925
      • Lot Size Units Acres
      • Parking Features None
      • Sewer Public Sewer
    • Schools
      • Elementary School District Queens 24
      • High School Grover Cleveland High School
      • High School District Queens 24
      • Middle Or Junior School Is 77
      • Middle Or Junior School District Queens 24

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    Neighborhood

    11385 (Ridgewood) Demographics

    35 Median Age
    29,550 Population Density (per sq. mile)
    36% College Educated
    $75,340 Estimated Median Income
    11,137 Estimated Total Home Owners
    24,364 Estimated Total Renters
    31% / 69% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    107,796 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $740,000 Median Sales Price
    6 Homes Sold
    7 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $5,600,000
        12/16/2021 1:03:28 PM Status Changed Source: Multiple Listing Service New Value: Pending
        8/18/2021 10:50:00 PM New in Database Source: Multiple Listing Service New Value: $5,600,000

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        The data relating to real estate for sale or lease on this web site comes from the OneKey MLS. The information appearing herein has not been verified by the OneKey MLS or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. Copyright 2022 OneKey MLS. All rights reserved.
        This data has been updated as of 1/19/2022 5:35:03 AM.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.