Full details for 6 Bedroom Other For Sale in Ridgewood, New York

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Description

This three-story, mixed-use corner building in prime Ridgewood consists of one store and two apartments. Each apartment has three bedrooms and two bathrooms. The store has floor-to-ceiling storefront windows and 41 feet of frontage on Myrtle Avenue which boasts excellent foot traffic. It is currently a bar renting at $5,000/month, with an increase to $6,000/month in the second rental year. At 3,114 SF, the building measures 41' x 43' and sits on a 1,038 SF lot measuring 41.17' x 43.33'. It has the potential to produce a gross annual income of approximately $164,400. The street is filled with shopping and other conveniences and is just a 6-minute walk to the M train at the Seneca Avenue station, a 9-minute walk to the L and M trains at Myrtle/Wyckoff Avenue station, and a 10-minute walk to the L train at the Halsey Street station, and steps from multiple bus lines. Back to listing